Civic Intelligence

Chicago Firefighters Credit Union

990 • Fiscal year 2017 • EIN 36-0862203

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 16, 2018

Organization Profilewww.chicagofirefighterscu.com

View Organization Page

6230 S Central AvenueChicago, IL 60638

(773) 581-5253

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.88x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

23.89x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Net Margin

94th percentile

26%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

80th percentile

$183,800

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2017

Asset Growth

48th percentile

2.9%

Faster asset growth than 48% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

13%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$55,856,960

Up $1,551,909 (+2.9%) from 2016

Net Assets

Up

$6,673,769

Up $534,528 (+8.7%) from 2016

Liabilities

Up

$49,183,191

Up $1,017,381 (+2.1%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin94th percentile

Revenue

Up

$2,059,146

Up $237,013 (+13%) from 2016

Expenses

Up

$1,524,618

Up $39,078 (+2.6%) from 2016

Net Income

Up

$534,528

Up $197,935 (+59%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$80M$60M$40M$20M$0Assets 2010: $44,681,946Liabilities 2010: $40,416,804Net Assets 2010: $4,265,1422010Assets 2011: $43,699,206Liabilities 2011: $38,945,201Net Assets 2011: $4,754,0052011Assets 2012: $45,536,002Liabilities 2012: $40,612,086Net Assets 2012: $4,923,9162012Assets 2013: $47,326,016Liabilities 2013: $42,179,500Net Assets 2013: $5,146,5162013Assets 2014: $50,506,180Liabilities 2014: $45,071,879Net Assets 2014: $5,434,3012014Assets 2015: $52,537,472Liabilities 2015: $46,734,824Net Assets 2015: $5,802,6482015Assets 2016: $54,305,051Liabilities 2016: $48,165,810Net Assets 2016: $6,139,2412016Assets 2017: $55,856,960Liabilities 2017: $49,183,191Net Assets 2017: $6,673,7692017Assets 2018: $56,139,088Liabilities 2018: $48,696,040Net Assets 2018: $7,443,0482018Assets 2019: $57,677,680Liabilities 2019: $49,559,803Net Assets 2019: $8,117,8772019Assets 2020: $69,903,300Liabilities 2020: $61,191,976Net Assets 2020: $8,711,3242020Assets 2021: $77,630,432Liabilities 2021: $68,407,779Net Assets 2021: $9,222,6532021Assets 2022: $77,133,352Liabilities 2022: $67,028,180Net Assets 2022: $10,105,1722022Assets 2023: $74,356,983Liabilities 2023: $63,427,717Net Assets 2023: $10,929,2662023Assets 2024: $77,543,316Liabilities 2024: $65,611,177Net Assets 2024: $11,932,1392024

Highlighted filing

2017

Assets$55,856,960
Liabilities$49,183,191
Net Assets$6,673,769
Open 2017 Filing

Operations Trend

Revenue Growth86th percentile

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

$6.0M$4.0M$2.0M$0Expenses 2010: $1,729,7482010Expenses 2011: $1,296,1792011Expenses 2012: $1,547,3952012Revenue 2013: $1,663,824Expenses 2013: $1,441,224Net Income 2013: $222,6002013Revenue 2014: $1,625,130Expenses 2014: $1,337,347Net Income 2014: $287,7832014Revenue 2015: $1,703,022Expenses 2015: $1,334,674Net Income 2015: $368,3482015Revenue 2016: $1,822,133Expenses 2016: $1,485,540Net Income 2016: $336,5932016Revenue 2017: $2,059,146Expenses 2017: $1,524,618Net Income 2017: $534,5282017Revenue 2018: $2,395,385Expenses 2018: $1,626,106Net Income 2018: $769,2792018Revenue 2019: $2,576,905Expenses 2019: $1,902,075Net Income 2019: $674,8302019Revenue 2020: $2,359,806Expenses 2020: $1,766,359Net Income 2020: $593,4472020Revenue 2021: $2,413,606Expenses 2021: $1,902,278Net Income 2021: $511,3282021Revenue 2022: $2,659,682Expenses 2022: $1,777,163Net Income 2022: $882,5192022Revenue 2023: $3,758,195Expenses 2023: $2,934,101Net Income 2023: $824,0942023Revenue 2024: $4,155,699Expenses 2024: $3,152,826Net Income 2024: $1,002,8732024

Highlighted filing

2017

Revenue$2,059,146
Expenses$1,524,618
Net Income$534,528
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 16, 2018
Return Version
2017v2.2
Gross Receipts
$2,059,146
Mission and Program Overview

Mission

Credit union to promote thrift and provide low cost loans to our members. This is accomplished on a co-operative non-profit basis for the mutual benefit of pur membership

Credit union to promote thrift and provide low cost loans to our members. This is accomplished on a co-operative non-profit basis for the mutual

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$28,655,361$31,682,556▲ $3,027,195
Investments Program Related$9,698,000$10,440,000▲ $742,000
Savings and Temporary Cash Investments$11,349,494$9,525,866▼ $1,823,628
Rtn Earn Endowment Incm Other Fnds$6,139,241$6,673,769▲ $534,528
Cash and Non-Interest-Bearing Accounts$1,735,064$1,409,244▼ $325,820
Land, Buildings, and Equipment, Net$1,362,185$1,289,261▼ $72,924
Investments Other Securities$800,000$800,000→ $0
Receivables From Officers Etc$182,255$157,087▼ $25,168
Accounts Receivable$16,177$15,080▼ $1,097
Total Assets$54,305,051$55,856,960▲ $1,551,909
Other Assets Total$506,515$537,866▲ $31,351
Liabilities
Other Liabilities$47,996,465$49,016,081▲ $1,019,616
Accounts Payable and Accrued Expenses$169,345$167,110▼ $2,235
Total Liabilities$48,165,810$49,183,191▲ $1,017,381
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,139,241$6,673,769▲ $534,528
Total Liabilities and Net Assets / Fund Balance$54,305,051$55,856,960▲ $1,551,909

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,078,261-$1,078,261
Land$193,000-$193,000
Other Land Buildings$18,000-$18,000
Investment Program Related Org$10,440,000--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert S ReynoldsDirector/presidentFT$158,675$25,125$183,800
Gloria L HnojskySecretary, VPFT$153,990$6,929$160,919
Robert S Reynolds--$158,675-$158,675
Gloria L Hnojsky--$153,990-$153,990

Board Members and Trustees

NameTitle
Harold J ThompsonChairman
Michael DudakVice Chairman
BERNARD A O'DONNELLDirector
Gregory M KurcabDirector
William E MeyerDirector
Richard J TernesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,623,784
Investment Income
$241,125
Other Revenue
$194,237
Change in Net Assets
$534,528
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$795,762
Salaries, Compensation, and Employee Benefits$728,856
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$344,719$0$0$344,719
Other Salaries and Wages$242,140$0$0$242,140
All Other Expenses$167,082--$167,082
Interest$137,851$0$0$137,851
Other Employee Benefits$90,631$0$0$90,631
Occupancy$73,976$0$0$73,976
Depreciation Depletion$72,924$0$0$72,924
Other Expenses$60,000$0$0$60,000
Payroll Taxes$39,510$0$0$39,510
Office Expenses$33,912$0$0$33,912
Conferences and Meetings$32,299$0$0$32,299
Advertising$29,774$0$0$29,774
Insurance$27,787$0$0$27,787
Fees for Services Accounting$15,950$0$0$15,950
Pension Plan Contributions$11,856$0$0$11,856
Fees for Services Legal$1,368$0$0$1,368
Total Functional Expenses$1,524,618$0$0$1,524,618
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$182,255$157,087▼ $25,168
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares$42,779,136
Goal Saver$4,088,034
Share Drafts$1,674,838
Certificates$374,374
Christmas Club$99,699
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 9

“Harold thompson 15705 foxbend ct #2n orland park il 60462”

Form 990, Part VI, Line 9

“Richard ternes 5405 s. Newcastle chicago il 60638”

Form 990, Part VI, Line 9

“Michael dudak 5851 s. Newcastle chicago il 60638”

Form 990, Part VI, Line 9

“Gregory kurcab 5637 s. Nashville chicago il 60638”

Form 990, Part VI, Line 9

“William meyer 28801 hager lane bellevue ia 52031”

Form 990, Part VI, Line 9

“Bernard o'donnell 6324 w. 124th pl. Palos heights il 60463”

Filing and Contact Details

Filer

Filer Name
Chicago Firefighters Credit Union
EIN
36-0862203
Phone
7735815253
Address
6230 S CENTRAL AVENUE, CHICAGO, IL 60638

Signing Officer

Name
Robert Reynolds
Title
President
Phone
7735815253
Signed
2018-03-16
Discuss with paid preparer
Yes

Organization Details

Formed
1937
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
6
Employees
6
Volunteers
6

Preparer

Firm
Homer Wilson & Co Ltd
Address
900 RIDGE ROAD SUITE S, MUNSTER, IN 46321-1727
Preparer
Ray Suoranta
Phone
2198364930
Supplemental Narrative

Additional Explanations

Pt VI, Line 7A

“Members select the board of directors at the annual meeting”

Pt VI, Line 11B

“The president and vice president review prior to filing, then the board of directors review at the next meeting.”

Pt VI, Line 6

“Members of the credit union are shareholders”

Pt VI, Line 19

“Documents are available upon request”

Form 990, Part IX, Line 24E

“CASH OVER/SHORT 0. 0.”

Form 990, Part IX, Line 24E

“Data processing 61136. 61136.”

Form 990, Part IX, Line 24E

“Dfi supervision 17774. 17774.”

Form 990, Part IX, Line 24E

“Disaster recovery 11891. 11891.”

Form 990, Part IX, Line 24E

“He & loan servicing 31512. 31512.”

Form 990, Part IX, Line 24E

“INVESTMENT EXPENSE 0. 0.”

Form 990, Part IX, Line 24E

“MAINTENANCE 8401. 8401.”

Form 990, Part IX, Line 24E

“MISC OPERATING 545. 545.”

Form 990, Part IX, Line 24E

“Online banking 25624. 25624.”

Form 990, Part IX, Line 24E

“Share draft costs 6595. 6595.”

Form 990, Part IX, Line 24E

“Member services expense 3604. 3604.”

Raw XML AppendixShowing 400 of 486 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/OtherAssetsTotalGrp/EOYAmt0537866
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt090631
IRS990/OtherEmployeeBenefitsGrp/TotalAmt090631
IRS990/OtherExpensesGrp/Desc0ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc1VISA, ATM/ACH EXPENSE
IRS990/OtherExpensesGrp/Desc2DEBIT/GIFT CARD EXP
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt018071
IRS990/OtherExpensesGrp/ProgramServicesAmt170963
IRS990/OtherExpensesGrp/ProgramServicesAmt253805
IRS990/OtherExpensesGrp/ProgramServicesAmt360000
IRS990/OtherExpensesGrp/TotalAmt018071
IRS990/OtherExpensesGrp/TotalAmt170963
IRS990/OtherExpensesGrp/TotalAmt253805
IRS990/OtherExpensesGrp/TotalAmt360000
IRS990/OtherLiabilitiesGrp/BOYAmt047996465
IRS990/OtherLiabilitiesGrp/EOYAmt049016081
IRS990/OtherRevenueMiscGrp/BusinessCd0522190
IRS990/OtherRevenueMiscGrp/BusinessCd1522190
IRS990/OtherRevenueMiscGrp/Desc0FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INC.
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt052971
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1141266
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt052971
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1141266
IRS990/OtherRevenueTotalAmt0194237
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0242140
IRS990/OtherSalariesAndWagesGrp/TotalAmt0242140
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt028655361
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt031682556
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt039510
IRS990/PayrollTaxesGrp/TotalAmt039510
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011856
IRS990/PensionPlanContributionsGrp/TotalAmt011856
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0ROBERT REYNOLDS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522190
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON MBR. LOANS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01623784
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0179629
IRS990/PYOtherExpensesAmt0786517
IRS990/PYOtherRevenueAmt0177064
IRS990/PYProgramServiceRevenueAmt01465440
IRS990/PYRevenuesLessExpensesAmt0336593
IRS990/PYSalariesCompEmpBnftPaidAmt0699023
IRS990/PYTotalExpensesAmt01485540
IRS990/PYTotalRevenueAmt01822133
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0182255
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0157087
IRS990/ReconcilationRevenueExpnssAmt0534528
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06139241
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06673769
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011349494
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09525866
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01078261
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01078261
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010440000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt0193000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0193000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042779136
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11674838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2374374
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt399699
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt44088034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CHRISTMAS CLUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4GOAL SAVER
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01289261
IRS990ScheduleD/TotalBookValueProgramRltdAmt010440000
IRS990ScheduleD/TotalLiabilityAmt049016081
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153990
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1158675
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GLORIA L HNOJSKY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ROBERT S REYNOLDS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153990
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158675
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010371
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt176169
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt245529
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt325018
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SIGNATURE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3SHARE SECURED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt330000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROBERT REYNOLDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MICHAEL DUDAK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2GLORIA HNOJSKY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3GLORIA HNOJSKY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRES/DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2VP/SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3VP/SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/TotalBalanceDueAmt0157087
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS SELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT AND VICE PRESIDENT REVIEW PRIOR TO FILING, THEN THE BOARD OF DIRECTORS REVIEW AT THE NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE CREDIT UNION ARE SHAREHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HAROLD THOMPSON 15705 FOXBEND CT #2N ORLAND PARK IL 60462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RICHARD TERNES 5405 S. NEWCASTLE CHICAGO IL 60638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MICHAEL DUDAK 5851 S. NEWCASTLE CHICAGO IL 60638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GREGORY KURCAB 5637 S. NASHVILLE CHICAGO IL 60638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8WILLIAM MEYER 28801 HAGER LANE BELLEVUE IA 52031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BERNARD O'DONNELL 6324 W. 124TH PL. PALOS HEIGHTS IL 60463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CASH OVER/SHORT 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DATA PROCESSING 61136. 61136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DFI SUPERVISION 17774. 17774.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DISASTER RECOVERY 11891. 11891.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14HE & LOAN SERVICING 31512. 31512.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15INVESTMENT EXPENSE 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MAINTENANCE 8401. 8401.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17MISC OPERATING 545. 545.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18ONLINE BANKING 25624. 25624.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19SHARE DRAFT COSTS 6595. 6595.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20MEMBER SERVICES EXPENSE 3604. 3604.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,856,960
Liabilities
$49,183,191
Net assets
$6,673,769
Revenue
$2,059,146
Expenses
$1,524,618
Net income
$534,528
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$77.5$65.6$11.9$4.16$3.15$1.00
2023Detailed filing. Detailed filing data is available for this year.$74.4$63.4$10.9$3.76$2.93$0.82
2022Detailed filing. Detailed filing data is available for this year.$77.1$67.0$10.1$2.66$1.78$0.88
2021Detailed filing. Detailed filing data is available for this year.$77.6$68.4$9.22$2.41$1.90$0.51
2020Detailed filing. Detailed filing data is available for this year.$69.9$61.2$8.71$2.36$1.77$0.59
2019Detailed filing. Detailed filing data is available for this year.$57.7$49.6$8.12$2.58$1.90$0.67
2018Detailed filing. Detailed filing data is available for this year.$56.1$48.7$7.44$2.40$1.63$0.77
2017Detailed filing. Detailed filing data is available for this year.$55.9$49.2$6.67$2.06$1.52$0.53
2016Detailed filing. Detailed filing data is available for this year.$54.3$48.2$6.14$1.82$1.49$0.34
2015Detailed filing. Detailed filing data is available for this year.$52.5$46.7$5.80$1.70$1.33$0.37
2014Detailed filing. Detailed filing data is available for this year.$50.5$45.1$5.43$1.63$1.34$0.29
2013Detailed filing. Detailed filing data is available for this year.$47.3$42.2$5.15$1.66$1.44$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.5$40.6$4.92$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.7$38.9$4.75$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.7$40.4$4.27$1.73
Peer Organizations

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