Civic Intelligence

Chicago Post Office Employees Credit Union

990 • Fiscal year 2018 • EIN 36-0903975

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 16, 2019

Organization Profilecpoecu.com

View Organization Page

10025 South Western AvenueChicago, IL 60643

(773) 881-2500

Siviq Scores

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

Liabilities / Assets

13th percentile

0.73x

Higher debt load relative to assets than 13% of similar nonprofits.

2018 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

12th percentile

7.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2018 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2018

Net Margin

53rd percentile

11%

Higher net margin than 53% of similar nonprofits.

2018 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

69th percentile

$90,413

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2018 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2018

Asset Growth

74th percentile

3.3%

Faster asset growth than 74% of similar nonprofits.

2018 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

2.6%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$19,538,188

Up $621,114 (+3.3%) from 2017

Net Assets

Up

$5,232,174

Up $231,873 (+4.6%) from 2017

Liabilities

Up

$14,306,014

Up $389,241 (+2.8%) from 2017

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin53rd percentile

Revenue

Up

$2,040,852

Up $52,140 (+2.6%) from 2017

Expenses

Up

$1,808,979

Up $189,407 (+12%) from 2017

Net Income

Down

$231,873

Down $137,267 (-37%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$30M$20M$10M$0Assets 2010: $16,706,246Liabilities 2010: $13,256,691Net Assets 2010: $3,449,5552010Assets 2011: $16,762,488Liabilities 2011: $13,043,678Net Assets 2011: $3,718,8102011Assets 2012: $16,476,209Liabilities 2012: $12,242,051Net Assets 2012: $4,234,1582012Assets 2013: $17,291,733Liabilities 2013: $12,853,417Net Assets 2013: $4,438,3162013Assets 2014: $18,514,024Liabilities 2014: $13,912,639Net Assets 2014: $4,601,3852014Assets 2015: $18,464,492Liabilities 2015: $13,944,147Net Assets 2015: $4,520,3452015Assets 2016: $18,383,064Liabilities 2016: $13,751,903Net Assets 2016: $4,631,1612016Assets 2017: $18,917,074Liabilities 2017: $13,916,773Net Assets 2017: $5,000,3012017Assets 2018: $19,538,188Liabilities 2018: $14,306,014Net Assets 2018: $5,232,1742018Assets 2019: $20,284,592Liabilities 2019: $14,738,207Net Assets 2019: $5,546,3852019Assets 2020: $24,892,713Liabilities 2020: $19,249,964Net Assets 2020: $5,642,7492020Assets 2021: $28,563,820Liabilities 2021: $22,686,286Net Assets 2021: $5,877,5342021Assets 2022: $28,147,449Liabilities 2022: $22,050,693Net Assets 2022: $6,096,7562022Assets 2023: $28,142,645Liabilities 2023: $22,029,464Net Assets 2023: $6,113,1812023Assets 2024: $28,058,725Liabilities 2024: $22,104,746Net Assets 2024: $5,953,9792024

Highlighted filing

2018

Assets$19,538,188
Liabilities$14,306,014
Net Assets$5,232,174
Open 2018 Filing

Operations Trend

Revenue Growth15th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $3,050,2682010Expenses 2011: $2,509,1502011Expenses 2012: $2,209,1892012Revenue 2013: $2,128,573Expenses 2013: $1,924,415Net Income 2013: $204,1582013Revenue 2014: $2,041,147Expenses 2014: $1,878,078Net Income 2014: $163,0692014Revenue 2015: $1,964,326Expenses 2015: $2,045,366Net Income 2015: -$81,0402015Revenue 2016: $1,896,682Expenses 2016: $1,785,866Net Income 2016: $110,8162016Revenue 2017: $1,988,712Expenses 2017: $1,619,572Net Income 2017: $369,1402017Revenue 2018: $2,040,852Expenses 2018: $1,808,979Net Income 2018: $231,8732018Revenue 2019: $2,100,547Expenses 2019: $1,786,336Net Income 2019: $314,2112019Revenue 2020: $1,827,289Expenses 2020: $1,740,925Net Income 2020: $86,3642020Revenue 2021: $2,063,503Expenses 2021: $1,828,718Net Income 2021: $234,7852021Revenue 2022: $2,341,735Expenses 2022: $2,122,513Net Income 2022: $219,2222022Revenue 2023: $2,598,097Expenses 2023: $2,281,672Net Income 2023: $316,4252023Revenue 2024: $2,694,815Expenses 2024: $2,504,017Net Income 2024: $190,7982024

Highlighted filing

2018

Revenue$2,040,852
Expenses$1,808,979
Net Income$231,873
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 16, 2019
Return Version
2018v3.0
Gross Receipts
$2,040,852
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 savings deposits at a competative rate if interest.

To assist our members in the management of their financial well-being by providing loans , savings accounts and other financial institution services in a friendly and professional manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,345,340$9,067,289▼ $278,051
Investments in Publicly Traded Securities$5,412,950$7,215,950▲ $1,803,000
Rtn Earn Endowment Incm Other Fnds$5,000,301$5,232,174▲ $231,873
Savings and Temporary Cash Investments$2,232,859$1,609,859▼ $623,000
Cash and Non-Interest-Bearing Accounts$1,398,823$1,025,436▼ $373,387
Land, Buildings, and Equipment, Net$259,545$309,901▲ $50,356
Prepaid Expenses and Deferred Charges$22,730$55,841▲ $33,111
Investments Other Securities$40,212$40,212→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$18,917,074$19,538,188▲ $621,114
Other Assets Total$204,615$213,700▲ $9,085
Liabilities
Other Liabilities$13,348,462$13,963,384▲ $614,922
Accounts Payable and Accrued Expenses$568,311$342,630▼ $225,681
Total Liabilities$13,916,773$14,306,014▲ $389,241
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,000,301$5,232,174▲ $231,873
Total Liabilities and Net Assets / Fund Balance$18,917,074$19,538,188▲ $621,114

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$155,392$740,883$896,275
Leasehold Improvements$84,978$355,122$440,100
Buildings$25,466$227,243$252,709
Other Land Buildings$2,463$45,843$48,306
Land$41,602-$41,602
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert M Palumbo SrPresidentFT$89,162$1,251$90,413

Board Members and Trustees

NameTitle
Charles E MayChairman of the Board
Barbara J SingletonVice Chairman of the Board
Eddie T ToddDirector
Kenneth AllenDirector
Laneda R PittsDirector
Carol CookSecretary of the Board
Ervin GardnerTreasurer of the Board
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,891,123
Investment Income
$149,729
Other Revenue
$0
Change in Net Assets
$231,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,108,266
Salaries, Compensation, and Employee Benefits$700,713
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$456,391
Information Technology---$148,865
Occupancy---$139,578
Office Expenses---$103,167
Other Employee Benefits---$102,714
Current Officers, Directors, Trustees, and Key Employees---$89,162
All Other Expenses---$57,336
Other Expenses---$55,985
Depreciation Depletion---$51,837
Payroll Taxes---$48,459
Conferences and Meetings---$46,896
Insurance---$35,215
Advertising---$24,591
Fees for Services Accounting---$18,837
Pension Plan Contributions---$3,987
Total Functional Expenses$0$0$0$1,808,979
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$250
Total Exempt Function Spending$250
Section 527 Activity Spending$0

Section 527 Organizations

OrganizationLocationAmount
36-3092340Naperville, IL$250
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Savings and Deposits$13,963,384
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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 6

“Membership consists of individuals with funds on deposit with the credit union . The credit had 4,195 members at the end of december 31, 2018.”

Form 990, Part VI, Section A, Line 7A

“The membership elects the board of directors annually at an annual meeting of members held for that purpose.”

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

“A merger or liquidation must be approved by the membership.”

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

“All management officers of the credit union perform a review of the completed form 990 prior to its submission.”

Form 990, Part VI, Section B, Line 15

“The credit union maintains a competitive market compensation program for its president, vice president, credit and finance managers and all other employees. The program was reviewed in 2018 and on an annual basis. Compensation adjustments are made based on the competitive market, employment history, experience and performance. The board of director's executive committee reviewed and adjusted the compensation of teh president in 2018 and reviews annually.”

Form 990, Part VI, Section C, Line 19

“The governing documents , charter, by-laws and financial statements are maintained in the credit union's main office and available to the membership upon request.”

Filing and Contact Details

Filer

Filer Name
Chicago Post Office Employees Credit Union
EIN
36-0903975
Phone
7738812500
Address
10025 SOUTH WESTERN AVENUE, CHICAGO, IL 60643

Signing Officer

Name
Robert M Palumbo Sr
Title
President
Phone
7738812500
Signed
2019-04-16

Organization Details

Principal Officer
Robert M Palumbo Sr
Formed
1928
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
11
Volunteers
12
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“FIN 48, NOTE FROM AUDITED FINANCIAL STATEMENTS. The Credit Union is a state-chartered credit union described in Internal Revenue Code (IRC) Section 501(c)(14). As such, the Credit Union is exempt from federal taxation of income derived from the performance of activities that are in furtherance of its exempt purposes. The Credit Union had no unrelated business income in 2018 or 2017 that management believes is subject to tax. The Credit Union's 2015, 2016, and 2017 annual informational returns filed with the Internal Revenue Service are open to examination.”

Raw XML AppendixShowing 400 of 418 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/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/PayrollTaxesGrp/TotalAmt048459
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt03987
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022730
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055841
IRS990/PrincipalOfficerNm0Robert M Palumbo Sr
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS TO MEMBERS
IRS990/ProgramServiceRevenueGrp/Desc1PROFUCT AND SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc2INSURANCE RELATED PRODUCT INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01032346
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1824431
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt234346
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01032346
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1824431
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234346
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0RECEIVED DEPOSITS ON SAVINGS FROM 4,195 MEMBERS. PAID OUT $40,312 IN DIVIDENDS TO ITS MEMBERS AT A MARKET RATE OF INTEREST ON $13,963,384 OF TOTAL SAVINGS AT DECEMBER 2018
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED CHECKING ACCOUNT AND OVERDRAFT SERVICES TO 1,334 MEMBERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt081536
IRS990/PYOtherExpensesAmt0963474
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01907176
IRS990/PYRevenuesLessExpensesAmt0369140
IRS990/PYSalariesCompEmpBnftPaidAmt0656098
IRS990/PYTotalExpensesAmt01619572
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01988712
IRS990/ReconcilationRevenueExpnssAmt0231873
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05000301
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05232174
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02232859
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01609859
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Expended527ActivitiesAmt00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/InternalFundsContributedAmt0250
IRS990ScheduleC/PoliticalExpendituresAmt0250
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt00
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0363092340
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0CREDIT UNION POLITICAL ACTION COUNCIL
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt0250
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt01807 DIEHL ROAD
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine2Txt0PO BOX 3107
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0NAPERVILLE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd0605667107
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO THE CREDIT UNION POLITICAL ACTION COUNCIL THAT IS REPORTED IN PARTS 1-A AND 1-C OF THIS SCHEDULE C.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule C, Part I-A, Line 1
IRS990ScheduleC/TotalExemptFunctionExpendAmt0250
IRS990ScheduleC/VolunteerHoursCnt00
IRS990ScheduleD/BuildingsGrp/BookValueAmt025466
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0227243
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0252709
IRS990ScheduleD/EquipmentGrp/BookValueAmt0155392
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0740883
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0896275
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt041602
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041602
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt084978
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0355122
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0440100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02463
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045843
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt048306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013963384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SAVINGS AND DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48, NOTE FROM AUDITED FINANCIAL STATEMENTS. The Credit Union is a state-chartered credit union described in Internal Revenue Code (IRC) Section 501(c)(14). As such, the Credit Union is exempt from federal taxation of income derived from the performance of activities that are in furtherance of its exempt purposes. The Credit Union had no unrelated business income in 2018 or 2017 that management believes is subject to tax. The Credit Union's 2015, 2016, and 2017 annual informational returns filed with the Internal Revenue Service are open to examination.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0309901
IRS990ScheduleD/TotalLiabilityAmt013963384
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP CONSISTS OF INDIVIDUALS WITH FUNDS ON DEPOSIT WITH THE CREDIT UNION . THE CREDIT HAD 4,195 MEMBERS AT THE END OF DECEMBER 31, 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS ANNUALLY AT AN ANNUAL MEETING OF MEMBERS HELD FOR THAT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MERGER OR LIQUIDATION MUST BE APPROVED BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MANAGEMENT OFFICERS OF THE CREDIT UNION PERFORM A REVIEW OF THE COMPLETED FORM 990 PRIOR TO ITS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CREDIT UNION MAINTAINS A COMPETITIVE MARKET COMPENSATION PROGRAM FOR ITS PRESIDENT, VICE PRESIDENT, CREDIT AND FINANCE MANAGERS AND ALL OTHER EMPLOYEES. THE PROGRAM WAS REVIEWED IN 2018 AND ON AN ANNUAL BASIS. COMPENSATION ADJUSTMENTS ARE MADE BASED ON THE COMPETITIVE MARKET, EMPLOYMENT HISTORY, EXPERIENCE AND PERFORMANCE. THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE REVIEWED AND ADJUSTED THE COMPENSATION OF TEH PRESIDENT IN 2018 AND REVIEWS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS , CHARTER, BY-LAWS AND FINANCIAL STATEMENTS ARE MAINTAINED IN THE CREDIT UNION'S MAIN OFFICE AND AVAILABLE TO THE MEMBERSHIP UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018917074
IRS990/TotalAssetsEOYAmt019538188
IRS990/TotalAssetsGrp/BOYAmt018917074
IRS990/TotalAssetsGrp/EOYAmt019538188
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01808979
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013916773
IRS990/TotalLiabilitiesEOYAmt014306014
IRS990/TotalLiabilitiesGrp/BOYAmt013916773
IRS990/TotalLiabilitiesGrp/EOYAmt014306014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05000301
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05232174
IRS990/TotalOtherCompensationAmt01251
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt01891123
IRS990/TotalReportableCompFromOrgAmt089162
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02040852
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02040852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018917074
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019538188
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010025 S Western Ave
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060643
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0cpoecu.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,538,188
Liabilities
$14,306,014
Net assets
$5,232,174
Revenue
$2,040,852
Expenses
$1,808,979
Net income
$231,873
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.1$22.1$5.95$2.69$2.50$0.19
2023Detailed filing. Detailed filing data is available for this year.$28.1$22.0$6.11$2.60$2.28$0.32
2022Detailed filing. Detailed filing data is available for this year.$28.1$22.1$6.10$2.34$2.12$0.22
2021Detailed filing. Detailed filing data is available for this year.$28.6$22.7$5.88$2.06$1.83$0.23
2020Detailed filing. Detailed filing data is available for this year.$24.9$19.2$5.64$1.83$1.74$0.09
2019Detailed filing. Detailed filing data is available for this year.$20.3$14.7$5.55$2.10$1.79$0.31
2018Detailed filing. Detailed filing data is available for this year.$19.5$14.3$5.23$2.04$1.81$0.23
2017Detailed filing. Detailed filing data is available for this year.$18.9$13.9$5.00$1.99$1.62$0.37
2016Detailed filing. Detailed filing data is available for this year.$18.4$13.8$4.63$1.90$1.79$0.11
2015Detailed filing. Detailed filing data is available for this year.$18.5$13.9$4.52$1.96$2.05$0.08
2014Detailed filing. Detailed filing data is available for this year.$18.5$13.9$4.60$2.04$1.88$0.16
2013Detailed filing. Detailed filing data is available for this year.$17.3$12.9$4.44$2.13$1.92$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$12.2$4.23$2.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$13.0$3.72$2.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$13.3$3.45$3.05