Civic Intelligence

Sourceone Credit Union

990 • Fiscal year 2013 • EIN 36-1661895

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 04, 2014

Organization Profilewww.source1cu.com
542 S Dearborn St60605-3502

(312) 922-0495

Siviq Scores

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

Liabilities / Assets

35th percentile

0.85x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

34.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

3rd percentile

-38%

Higher net margin than 3% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

4th percentile

-5.6%

Faster asset growth than 4% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$12,102,522

Down $721,210 (-5.6%) from 2012

Net Assets

Down

$1,871,751

Down $112,277 (-5.7%) from 2012

Liabilities

Down

$10,230,771

Down $608,933 (-5.6%) from 2012

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin3rd percentile

Revenue

$295,073

No earlier filing loaded for comparison.

Expenses

Up

$407,350

Up $12,055 (+3.0%) from 2012

Net Income

-$112,277

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$15M$10M$5.0M$0Assets 2010: $13,760,362Liabilities 2010: $11,578,168Net Assets 2010: $2,182,1942010Assets 2011: $12,843,506Liabilities 2011: $10,787,029Net Assets 2011: $2,056,4772011Assets 2012: $12,823,732Liabilities 2012: $10,839,704Net Assets 2012: $1,984,0282012Assets 2013: $12,102,522Liabilities 2013: $10,230,771Net Assets 2013: $1,871,7512013Assets 2014: $12,589,423Liabilities 2014: $10,785,897Net Assets 2014: $1,803,5262014Assets 2015: $12,431,912Liabilities 2015: $10,699,891Net Assets 2015: $1,732,0212015Assets 2016: $11,979,480Liabilities 2016: $10,309,981Net Assets 2016: $1,669,4992016Assets 2017: $11,615,754Liabilities 2017: $9,986,012Net Assets 2017: $1,629,7422017Assets 2018: $11,327,981Liabilities 2018: $9,747,870Net Assets 2018: $1,580,1112018Assets 2019: $10,979,452Liabilities 2019: $9,495,631Net Assets 2019: $1,483,8212019Assets 2020: $11,313,134Liabilities 2020: $9,928,613Net Assets 2020: $1,384,5212020Assets 2021: $11,492,020Liabilities 2021: $10,042,212Net Assets 2021: $1,449,8082021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2013

Assets$12,102,522
Liabilities$10,230,771
Net Assets$1,871,751
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2010: $576,5992010Expenses 2011: $493,7342011Expenses 2012: $395,2952012Revenue 2013: $295,073Expenses 2013: $407,350Net Income 2013: -$112,2772013Revenue 2014: $270,832Expenses 2014: $339,056Net Income 2014: -$68,2242014Revenue 2015: $290,676Expenses 2015: $362,181Net Income 2015: -$71,5052015Revenue 2016: $299,672Expenses 2016: $362,194Net Income 2016: -$62,5222016Revenue 2017: $304,451Expenses 2017: $344,208Net Income 2017: -$39,7572017Revenue 2018: $325,824Expenses 2018: $375,455Net Income 2018: -$49,6312018Revenue 2019: $327,372Expenses 2019: $423,662Net Income 2019: -$96,2902019Revenue 2020: $306,068Expenses 2020: $405,368Net Income 2020: -$99,3002020Revenue 2021: $369,640Expenses 2021: $304,353Net Income 2021: $65,2872021Revenue 2022: $119,942Expenses 2022: $420,579Net Income 2022: -$300,6372022

Highlighted filing

2013

Revenue$295,073
Expenses$407,350
Net Income-$112,277
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 4, 2014
Return Version
2013v3.1
Gross Receipts
$295,073
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.

Credit union sourceone credit union is a member owned and operated cooperative. Members pool their savings to loan to other members. Since we are a not-for-profit ogranization, we pay above market interest rates on our savings and in turn offer very competitive rates on our loans. We have totally free checking that pays interest, debit cards for qualifying members, and visa cards with low fixed rates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$10,645,158$10,291,158▼ $354,000
Rtn Earn Endowment Incm Other Fnds$1,984,028$1,871,751▼ $112,277
Other Notes and Loans Receivable, Net$1,265,897$1,249,070▼ $16,827
Cash and Non-Interest-Bearing Accounts$198,631$205,569▲ $6,938
Savings and Temporary Cash Investments$463,049$162,089▼ $300,960
Receivables From Officers Etc$103,865$62,678▼ $41,187
Prepaid Expenses and Deferred Charges$11,500$5,489▼ $6,011
Land, Buildings, and Equipment, Net$2,094$457▼ $1,637
Total Assets$12,823,732$12,102,522▼ $721,210
Other Assets Total$133,538$126,012▼ $7,526
Liabilities
Other Liabilities$10,834,287$10,215,131▼ $619,156
Accounts Payable and Accrued Expenses$5,417$15,640▲ $10,223
Total Liabilities$10,839,704$10,230,771▼ $608,933
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,984,028$1,871,751▼ $112,277
Total Liabilities and Net Assets / Fund Balance$12,823,732$12,102,522▼ $721,210

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$457$8,925$9,382
Investment Program Related Org$1,158--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave CogozzoPresident/treasurerFT$61,246$4,711$65,957
Dave Cogozzo--$61,246$4,711$65,957

Board Members and Trustees

NameTitle
Michael CogozzoChairperson
Gregory R MackVice Chairperson
Brandon a RungeDirector
Diane KerrillDirector
James ColelloDirector
Joan JeskeDirector
John ZasadnyDirector
Maria a Bertucci-rungeDirector
Michael ThomkaDirector
Adrienne a DempseySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$103,389
Investment Income
$142,527
Other Revenue
$49,157
Change in Net Assets
$-112,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,425
Salaries, Compensation, and Employee Benefits$159,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$66,458--$66,458
Office Expenses$65,906--$65,906
Current Officers, Directors, Trustees, and Key Employees$61,246--$61,246
Interest$43,947--$43,947
Occupancy$39,414--$39,414
Other Employee Benefits$19,624--$19,624
Other Expenses$19,116--$19,116
Fees for Services Accounting$16,949--$16,949
Payroll Taxes$10,292--$10,292
Fees for Services Other$9,441--$9,441
All Other Expenses$9,416--$9,416
Insurance$6,747--$6,747
Advertising$6,017--$6,017
Conferences and Meetings$5,334--$5,334
Benefits to Members$4,211--$4,211
Fees for Service Investment Mgmnt Fees$2,175--$2,175
Pension Plan Contributions$2,094--$2,094
Depreciation Depletion$1,637--$1,637
Travel$391--$391
Total Functional Expenses$407,350$0$0$407,350
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$103,865$62,678▼ $41,187
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prime Shares$9,191,009
Share Drafts$591,694
Christmas Club$389,096
Subsidiary Shares$43,332
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

“Michael cogozzo 2s430 barclay pl glen ellyn il 60137 diane kerrill 6925 mitchell dr woodridge il 60517 james colello 7918 w cressett dr elmwood park il 60707 maria a bertucci-runge 3373 brewer road darien il 60561 joan jeske 366 addison rd riverside il 60546 gregory mack 1710 71st st darien il 60561 michael thomka 171 n addison rd wooddale il 60191 john zasadny 6029 s karlov ave #2 chicago il 60629 adrienne dempsey 311 n. Park st. Westmont il 60559 brandon runge 3373 brewer rd. Darien il 60561”

Filing and Contact Details

Filer

EIN
36-1661895
Phone
3129220495

Signing Officer

Name
Dave Cogozzo
Title
President
Phone
3129220495
Signed
2014-08-04
Discuss with paid preparer
Yes

Organization Details

Formed
1932
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
3
Volunteers
10

Preparer

Preparer
Ray Suoranta
Phone
2198364930
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Maria a. Bertucci-runge, director, is the mother of brandon a. Runge, director.”

Pt VI, Line 2

“President, dave cogozzo, is the son of chairman michael cogozzo.”

Pt VI, Line 6

“Each member of the credit union is considered a shareholder”

Pt VI, Line 7A

“Members elect the board of directors at their annual meeting.”

Pt VI, Line 11B

“The president reviews 990 prior to filing and it is avail for other board members upon request.”

Pt VI, Line 19

“Documents are available upon request.”

Form 990, Part IX, Line 24F

“Loss on investment visa/student loan exp”

Raw XML AppendixShowing 400 of 455 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05417
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015640
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CREDIT UNION SOURCEONE CREDIT UNION IS A MEMBER OWNED AND OPERATED COOPERATIVE. MEMBERS POOL THEIR SAVINGS TO LOAN TO OTHER MEMBERS. SINCE WE ARE A NOT-FOR-PROFIT OGRANIZATION, WE PAY ABOVE MARKET INTEREST RATES ON OUR SAVINGS AND IN TURN OFFER VERY COMPETITIVE RATES ON OUR LOANS. WE HAVE TOTALLY FREE CHECKING THAT PAYS INTEREST, DEBIT CARDS FOR QUALIFYING MEMBERS, AND VISA CARDS WITH LOW FIXED RATES.
IRS990/AdvertisingGrp/ProgramServicesAmt06017
IRS990/AdvertisingGrp/TotalAmt06017
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09416
IRS990/AllOtherExpensesGrp/TotalAmt09416
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt04211
IRS990/BenefitsToMembersGrp/TotalAmt04211
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10DAVE COGOZZO
IRS990/BooksInCareOfDetail/PhoneNum03129220495
IRS990/BooksInCareOfDetail/USAddress/AddressLine10542 S DEARBORN SUITE 410
IRS990/BooksInCareOfDetail/USAddress/City0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/State0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCode060605
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0198631
IRS990/CashNonInterestBearingGrp/EOYAmt0205569
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt061246
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt061246
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05334
IRS990/ConferencesMeetingsGrp/TotalAmt05334
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt04211
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0142527
IRS990/CYOtherExpensesAmt0243425
IRS990/CYOtherRevenueAmt049157
IRS990/CYProgramServiceRevenueAmt0103389
IRS990/CYRevenuesLessExpensesAmt0-112277
IRS990/CYSalariesCompEmpBnftPaidAmt0159714
IRS990/CYTotalExpensesAmt0407350
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0295073
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01637
IRS990/DepreciationDepletionGrp/TotalAmt01637
IRS990/Desc0TO PROMOTE THRIFT AND PROVIDE LOW COST LOANS TO MEMBERS. THIS IS ACCOMPLISHED ON A CO-OPERATIVE BASIS FOR THE MUTUAL BENEFIT OF THOSE WITHIN THE FIELD OF MEMBERSHIP.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt016949
IRS990/FeesForServicesAccountingGrp/TotalAmt016949
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09441
IRS990/FeesForServicesOtherGrp/TotalAmt09441
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt02175
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02175
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt104711
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL COGOZZO
IRS990/Form990PartVIISectionAGrp/PersonNm1GREGORY R MACK
IRS990/Form990PartVIISectionAGrp/PersonNm2ADRIENNE A DEMPSEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN ZASADNY
IRS990/Form990PartVIISectionAGrp/PersonNm4MARIA A BERTUCCI-RUNGE
IRS990/Form990PartVIISectionAGrp/PersonNm5BRANDON A RUNGE
IRS990/Form990PartVIISectionAGrp/PersonNm6DIANE KERRILL
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES COLELLO
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL THOMKA
IRS990/Form990PartVIISectionAGrp/PersonNm9JOAN JESKE
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVE COGOZZO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1061246
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0295073
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06747
IRS990/InsuranceGrp/TotalAmt06747
IRS990/InterestGrp/ProgramServicesAmt043947
IRS990/InterestGrp/TotalAmt043947
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0142527
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt010645158
IRS990/InvestmentsProgramRelatedGrp/EOYAmt010291158
IRS990/IRPDocumentCnt0369
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08925
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02094
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0457
IRS990/LandBldgEquipCostOrOtherBssAmt09382
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CREDIT UNION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01984028
IRS990/NetAssetsOrFundBalancesEOYAmt01871751
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt039414
IRS990/OccupancyGrp/TotalAmt039414
IRS990/OfficeExpensesGrp/ProgramServicesAmt065906
IRS990/OfficeExpensesGrp/TotalAmt065906
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0133538
IRS990/OtherAssetsTotalGrp/EOYAmt0126012
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019624
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019624
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING
IRS990/OtherExpensesGrp/Desc1NCUSIF STABILIZATION
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3MISC OPERATING EXP
IRS990/OtherExpensesGrp/ProgramServicesAmt02280
IRS990/OtherExpensesGrp/ProgramServicesAmt18751
IRS990/OtherExpensesGrp/ProgramServicesAmt25904
IRS990/OtherExpensesGrp/ProgramServicesAmt319116
IRS990/OtherExpensesGrp/TotalAmt02280
IRS990/OtherExpensesGrp/TotalAmt18751
IRS990/OtherExpensesGrp/TotalAmt25904
IRS990/OtherExpensesGrp/TotalAmt319116
IRS990/OtherLiabilitiesGrp/BOYAmt010834287
IRS990/OtherLiabilitiesGrp/EOYAmt010215131
IRS990/OtherRevenueMiscGrp/BusinessCd0522190
IRS990/OtherRevenueMiscGrp/BusinessCd1522190
IRS990/OtherRevenueMiscGrp/Desc0FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt044253
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14904
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt044253
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14904
IRS990/OtherRevenueTotalAmt049157
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt066458
IRS990/OtherSalariesAndWagesGrp/TotalAmt066458
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01265897
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01249070
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt010292
IRS990/PayrollTaxesGrp/TotalAmt010292
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02094
IRS990/PensionPlanContributionsGrp/TotalAmt02094
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05489
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10DAVE COGOZZO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522190
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0103389
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt04092
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0186427
IRS990/PYOtherExpensesAmt0235464
IRS990/PYOtherRevenueAmt032388
IRS990/PYProgramServiceRevenueAmt0104031
IRS990/PYRevenuesLessExpensesAmt0-72449
IRS990/PYSalariesCompEmpBnftPaidAmt0155739
IRS990/PYTotalExpensesAmt0395295
IRS990/PYTotalRevenueAmt0322846
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0103865
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt062678
IRS990/ReconcilationRevenueExpnssAmt0-112277
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01984028
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01871751
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0463049
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0162089
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0457
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08925
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09382
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010290000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11158
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ALLOYA PCC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09191009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2389096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3591694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PRIME SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SUBSIDIARY SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHRISTMAS CLUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SHARE DRAFTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0457
IRS990ScheduleD/TotalBookValueProgramRltdAmt010291158
IRS990ScheduleD/TotalLiabilityAmt010215131
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt061246
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04711
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVE COGOZZO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt065957
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09318
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt118911
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2971
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt319380
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt414098
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1SIGNATURE LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3VISA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5AUTO LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt11500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt225641
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt31000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt431700
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt519400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MARIA BERTUCCI-RUNGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DAVE COGOZZO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2DAVE COGOZZO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3DIANE KERRILL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4GREGORY MACK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5BRANDON RUNGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PRES/TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2PRES/TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4VICE-CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5true
IRS990ScheduleL/TotalBalanceDueAmt062678
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARIA A. BERTUCCI-RUNGE, DIRECTOR, IS THE MOTHER OF BRANDON A. RUNGE, DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESIDENT, DAVE COGOZZO, IS THE SON OF CHAIRMAN MICHAEL COGOZZO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER OF THE CREDIT UNION IS CONSIDERED A SHAREHOLDER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS ELECT THE BOARD OF DIRECTORS AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT REVIEWS 990 PRIOR TO FILING AND IT IS AVAIL FOR OTHER BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MICHAEL COGOZZO 2S430 BARCLAY PL GLEN ELLYN IL 60137 DIANE KERRILL 6925 MITCHELL DR WOODRIDGE IL 60517 JAMES COLELLO 7918 W CRESSETT DR ELMWOOD PARK IL 60707 MARIA A BERTUCCI-RUNGE 3373 BREWER ROAD DARIEN IL 60561 JOAN JESKE 366 ADDISON RD RIVERSIDE IL 60546 GREGORY MACK 1710 71ST ST DARIEN IL 60561 MICHAEL THOMKA 171 N ADDISON RD WOODDALE IL 60191 JOHN ZASADNY 6029 S KARLOV AVE #2 CHICAGO IL 60629 ADRIENNE DEMPSEY 311 N. PARK ST. WESTMONT IL 60559 BRANDON RUNGE 3373 BREWER RD. DARIEN IL 60561
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LOSS ON INVESTMENT VISA/STUDENT LOAN EXP
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012823732
IRS990/TotalAssetsEOYAmt012102522
IRS990/TotalAssetsGrp/BOYAmt012823732
IRS990/TotalAssetsGrp/EOYAmt012102522
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0407350
IRS990/TotalFunctionalExpensesGrp/TotalAmt0407350
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,102,522
Liabilities
$10,230,771
Net assets
$1,871,751
Revenue
$295,073
Expenses
$407,350
Net income
-$112,277
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.12$0.42$0.30
2021Detailed filing. Detailed filing data is available for this year.$11.5$10.0$1.45$0.37$0.30$0.07
2020Detailed filing. Detailed filing data is available for this year.$11.3$9.93$1.38$0.31$0.41$0.10
2019Detailed filing. Detailed filing data is available for this year.$11.0$9.50$1.48$0.33$0.42$0.10
2018Detailed filing. Detailed filing data is available for this year.$11.3$9.75$1.58$0.33$0.38$0.05
2017Detailed filing. Detailed filing data is available for this year.$11.6$9.99$1.63$0.30$0.34$0.04
2016Detailed filing. Detailed filing data is available for this year.$12.0$10.3$1.67$0.30$0.36$0.06
2015Detailed filing. Detailed filing data is available for this year.$12.4$10.7$1.73$0.29$0.36$0.07
2014Detailed filing. Detailed filing data is available for this year.$12.6$10.8$1.80$0.27$0.34$0.07
2013Detailed filing. Detailed filing data is available for this year.$12.1$10.2$1.87$0.30$0.41$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$10.8$1.98$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$10.8$2.06$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$11.6$2.18$0.58