Sourceone Credit Union

“Board member, michael cogozzo and the ceo are father and son.”

“Membership consists of individuals with funds on deposit with the credit union.”

“Members participate in the annual election of the board of directors”

“The supervisory committee reports to the board of directors at the monthly board meetings and any actions or discussions are recorded as part of the board meeting minutes.”

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

“Scott mcdonald 200 e champaign ave, rantoul, il 61866-2930”

“Form 990, part vi, section c, line 19: governing documents and financial statements are available upon request. Form 990, part vi, page 3, #12 the statement of financial conditions of sourceone credit union as os march 31, 2021 and the related statements of income, members' equity and cash flows for the year then ended were audited in accordance with auditing standards generally accepted in the united states of america. The fin 48 statement included in the march 31, 2021 audited financial statments is as follows. Sourceone credit union was granted as exemption from federal income taxes by the internal revenue service pursuant to the provisions of internal code section 201(c)(14). The tax exempt purpose of the credit union and the nature in which it operates is described above. Management believes the credit union continues to operate in compliance with its tax exempt purpose. The credit union had no unrelated business income for the year ending may 31, 2022 and the 2021 that management believes is subject to taxation. The credit union's 2017 through 2021 annual information returns filed with the internal revenue service are open to examination.”

“Equity purchased in merger -1,149,171.”