Civic Intelligence

First Northern Credit Union

990 • Fiscal year 2019 • EIN 36-2009178

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 30, 2020

Organization ProfileWWW.FNCU.ORG

View Organization Page

230 W Monroe No 2850Chicago, IL 60606-4902

(312) 332-6357

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.91x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

19.01x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Net Margin

3rd percentile

3.0%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

47th percentile

$408,453

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Asset Growth

3rd percentile

-1.6%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

4.8%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$302,789,767

Down $4,936,179 (-1.6%) from 2018

Net Assets

Up

$25,917,818

Up $1,362,614 (+5.5%) from 2018

Liabilities

Down

$276,871,949

Down $6,298,793 (-2.2%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin3rd percentile

Revenue

Up

$14,563,171

Up $661,944 (+4.8%) from 2018

Expenses

Up

$14,119,887

Up $826,707 (+6.2%) from 2018

Net Income

Down

$443,284

Down $164,763 (-27%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$400M$300M$200M$100M$0Assets 2010: $284,807,333Liabilities 2010: $261,309,489Net Assets 2010: $23,497,8442010Assets 2011: $289,439,504Liabilities 2011: $265,776,833Net Assets 2011: $23,662,6712011Assets 2012: $308,227,032Liabilities 2012: $284,159,489Net Assets 2012: $24,067,5432012Assets 2013: $307,646,933Liabilities 2013: $284,805,034Net Assets 2013: $22,841,8992013Assets 2014: $307,906,282Liabilities 2014: $284,902,737Net Assets 2014: $23,003,5452014Assets 2015: $313,214,061Liabilities 2015: $289,952,253Net Assets 2015: $23,261,8082015Assets 2016: $317,534,044Liabilities 2016: $293,428,781Net Assets 2016: $24,105,2632016Assets 2017: $316,319,262Liabilities 2017: $292,087,078Net Assets 2017: $24,232,1842017Assets 2018: $307,725,946Liabilities 2018: $283,170,742Net Assets 2018: $24,555,2042018Assets 2019: $302,789,767Liabilities 2019: $276,871,949Net Assets 2019: $25,917,8182019Assets 2020: $348,956,150Liabilities 2020: $321,548,669Net Assets 2020: $27,407,4812020Assets 2021: $376,782,772Liabilities 2021: $349,852,807Net Assets 2021: $26,929,9652021Assets 2022: $366,938,547Liabilities 2022: $347,155,196Net Assets 2022: $19,783,3512022Assets 2023: $350,536,640Liabilities 2023: $326,801,082Net Assets 2023: $23,735,5582023Assets 2024: $336,401,323Liabilities 2024: $306,893,425Net Assets 2024: $29,507,8982024

Highlighted filing

2019

Assets$302,789,767
Liabilities$276,871,949
Net Assets$25,917,818
Open 2019 Filing

Operations Trend

Revenue Growth18th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $16,216,1472010Expenses 2011: $12,397,0682011Expenses 2012: $11,969,4202012Revenue 2013: $10,976,029Expenses 2013: $11,773,544Net Income 2013: -$797,5152013Revenue 2014: $11,353,687Expenses 2014: $11,450,422Net Income 2014: -$96,7352014Revenue 2015: $11,920,069Expenses 2015: $11,604,627Net Income 2015: $315,4422015Revenue 2016: $12,779,779Expenses 2016: $12,139,844Net Income 2016: $639,9352016Revenue 2017: $13,102,165Expenses 2017: $12,458,613Net Income 2017: $643,5522017Revenue 2018: $13,901,227Expenses 2018: $13,293,180Net Income 2018: $608,0472018Revenue 2019: $14,563,171Expenses 2019: $14,119,887Net Income 2019: $443,2842019Revenue 2020: $15,864,341Expenses 2020: $14,794,690Net Income 2020: $1,069,6512020Revenue 2021: $14,919,062Expenses 2021: $13,979,497Net Income 2021: $939,5652021Revenue 2022: $13,852,923Expenses 2022: $13,573,556Net Income 2022: $279,3672022Revenue 2023: $15,682,669Expenses 2023: $14,831,444Net Income 2023: $851,2252023Revenue 2024: $20,219,577Expenses 2024: $16,749,293Net Income 2024: $3,470,2842024

Highlighted filing

2019

Revenue$14,563,171
Expenses$14,119,887
Net Income$443,284
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 30, 2020
Return Version
2019v5.1
Gross Receipts
$19,563,171
Mission and Program Overview

Mission

Credit union operated without profit for mutual purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$182,102,106$184,308,992▲ $2,206,886
Investments in Publicly Traded Securities$104,187,042$79,429,898▼ $24,757,144
Savings and Temporary Cash Investments$10,099,517$26,521,714▲ $16,422,197
Rtn Earn Endowment Incm Other Fnds$24,555,204$25,917,818▲ $1,362,614
Land, Buildings, and Equipment, Net$1,932,612$2,782,604▲ $849,992
Prepaid Expenses and Deferred Charges$1,563,046$1,699,526▲ $136,480
Cash and Non-Interest-Bearing Accounts$831,413$672,121▼ $159,292
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$307,725,946$302,789,767▼ $4,936,179
Other Assets Total$7,010,210$7,374,912▲ $364,702
Liabilities
Other Liabilities$279,037,203$273,470,943▼ $5,566,260
Accounts Payable and Accrued Expenses$4,133,539$3,401,006▼ $732,533
Total Liabilities$283,170,742$276,871,949▼ $6,298,793
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,555,204$25,917,818▲ $1,362,614
Total Liabilities and Net Assets / Fund Balance$307,725,946$302,789,767▼ $4,936,179

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$719,790$3,163,913$3,883,703
Buildings$1,295,993$2,262,074$3,558,067
Leasehold Improvements$88,125$686,967$775,092
Land$678,696-$678,696
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward BergPresident/CEOFT$328,987$79,466$408,453
Alex MaloneSenior Vice PresidentFT$203,630$37,529$241,159
Sarah HershclagMortgage Loan OfficerFT$75,023$94,761$169,784
Paul BilesVice PresidentFT$119,722$48,807$168,529
James GrevenitesVice PresidentFT$125,050$32,915$157,965
Christopher DurkinVice PresidentFT$131,805$21,924$153,729
Evan McmishDirector of I.t.FT$122,258$8,780$131,038
Leah FordDirector of Payment SystemsFT$124,216$878$125,094
Sergio NunezManagerFT$110,195$8,931$119,126
Samantha HarneManagerFT$103,267$5,884$109,151

Board Members and Trustees

NameTitle
Gerald PartchChairman
Clinton MorrisVice Chairman
Brandy GobertDirector
Charles WallsDirector
Emily KozakDirector
Heather JohnsonDirector
James PoskozimDirector
Marco LenisDirector
Michael HouselogDirector
Omer SultanDirector
Robert PoggenseeDirector
Sridip MukhopadhyayaDirector
James TorresSecretary
Robert WainwrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,391,246
Investment Income
$2,171,925
Other Revenue
$0
Change in Net Assets
$443,284

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,761,231
Revenue Not Reported on Financial Statements
$7,801,940
Revenue Not Reported on Form 990
$7,503,031
Other Revenue Adjustments
$7,801,940
Total Revenue per Audited Statements
$14,264,262
Total Revenue per Form 990
$14,563,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,425,521
Salaries, Compensation, and Employee Benefits$6,694,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,268,614
Office Expenses---$2,132,289
Current Officers, Directors, Trustees, and Key Employees---$1,058,593
Occupancy---$734,037
Other Employee Benefits---$648,774
Advertising---$487,156
Depreciation Depletion---$393,185
Payroll Taxes---$374,617
Information Technology---$346,938
Pension Plan Contributions---$343,768
Other Expenses---$188,383
All Other Expenses---$138,697
Fees for Services Legal---$133,060
Insurance---$94,713
Travel---$73,336
Conferences and Meetings---$70,164
Fees for Services Accounting---$54,683
Interest---$4,419
Total Functional Expenses$0$0$0$14,119,887

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,209,574
Total Expenses per Form 990$14,119,887
Expenses Not Reported on Form 990$7,336,433
Expenses Not Reported on Financial Statements$7,246,746
Other Expense Adjustments$7,246,746
Expenses per Audited Statements$6,873,141
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$3,026
Total Exempt Function Spending$3,026
Section 527 Activity Spending$0

Section 527 Organizations

OrganizationLocationAmount
36-3092340Naperville, IL$3,026
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$273,470,943
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
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Membership eligibility requirements are documented in the organization's by-laws. Membership is achieved by maintaining a common share deposit account of $5.00 or greater.”

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

“Credit union holds a meeting of the entire membership annually, at which the membership elects the members of the board of directors to one year terms. All eligible members of the credit union are invited to attend the meeting and vote.”

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

“Form 990 is reviewed for accuracy by the credit union's vice president of finance/accounting prior to being submitted to our external auditors for electronic filing.”

Form 990, Part VI, Section B, Line 12C

“Annual conflict of interest policies are distributed to all employees and directors by the credit union's internal auditor. All forms are to be signed and returned to internal audit, who are responsible for maintaining all records. Data included on forms is reviewed and tested by internal audit on an on-going basis.”

Form 990, Part VI, Section B, Line 15

“Independent consultant is used to establish and maintain grade levels and salary ranges within each grade. Overall merit increase is submitted by the compensation committee to the board of directors for approval annually. Individual salary increases for other officers and key employees are determined by the employees' individual performance appraisals. Ceo salary is established by the board of directors annually.”

Form 990, Part VI, Section C, Line 19

“Governing documents and conflict of interest policies are available to our membership upon request. Financial statements are available to our members and the general public via the ncua's web site. Additionally, year-end financial statements are provided to the membership via our published annual report.”

Filing and Contact Details

Filer

Filer Name
First Northern Credit Union
EIN
36-2009178
Phone
3123326357
Address
230 W MONROE NO 2850, CHICAGO, IL 60606-4902

Signing Officer

Name
Edward Berg
Title
President/CEO
Phone
3123326357
Signed
2020-04-30

Organization Details

Principal Officer
Edward Berg
Formed
1944
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
158
Volunteers
0
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in unrealized gain/loss on available for sale securities 919,330.”

Part XII, Line 2C

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

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Represents revenue for the period july 1, 2018 through december 31, 2018. Most recent audited financials were for the 12 month period ended june 30, 2019.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Represents revenues for the period july 1, 2019 through december 31, 2019. Most recent audited financials were for the 12 month period ended june 30, 2019.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Represents expenses for the period july 1, 2018 through december 31, 2018 most recent audited financials were for the 12 month period ended june 30, 2019.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Represents expenses for the period july 1, 2019 through december 31, 2019 most recent audited financials were for the 12 month period ended june 30, 2019.”

Raw XML AppendixShowing 400 of 610 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/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14383453
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15236810
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16148457
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17140344
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18149529
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19167293
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20124216
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21122258
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22103267
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23110195
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19MORTGAGE LOAN OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF PAYMENT SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF I.T.
IRS990/Form990PartVIISectionAGrp/TitleTxt22MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt23MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01944
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-15930
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04984070
IRS990/GrossReceiptsAmt019563171
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0346938
IRS990/InsuranceGrp/TotalAmt094713
IRS990/InterestGrp/TotalAmt04419
IRS990/InvestmentIncomeGrp/ExclusionAmt02187855
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02187855
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0104187042
IRS990/InvestmentsPubTradedSecGrp/EOYAmt079429898
IRS990/IRPDocumentCnt06514
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06112954
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01932612
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02782604
IRS990/LandBldgEquipCostOrOtherBssAmt08895558
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05000000
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt024555204
IRS990/NetAssetsOrFundBalancesEOYAmt025917818
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-15930
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-15930
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0734037
IRS990/OfficeExpensesGrp/TotalAmt02132289
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07010210
IRS990/OtherAssetsTotalGrp/EOYAmt07374912
IRS990/OtherChangesInNetAssetsAmt0919330
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0648774
IRS990/OtherExpensesGrp/Desc0LOAN SERVICING EXPENSES
IRS990/OtherExpensesGrp/Desc1DIVIDENDS TO MEMBERS
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/TotalAmt01135083
IRS990/OtherExpensesGrp/TotalAmt1885878
IRS990/OtherExpensesGrp/TotalAmt2553500
IRS990/OtherExpensesGrp/TotalAmt3188383
IRS990/OtherLiabilitiesGrp/BOYAmt0279037203
IRS990/OtherLiabilitiesGrp/EOYAmt0273470943
IRS990/OtherSalariesAndWagesGrp/TotalAmt04268614
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0182102106
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0184308992
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0374617
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0343768
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01563046
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01699526
IRS990/PrincipalOfficerNm0EDWARD BERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES & OTHER INC.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08642593
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13748653
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08642593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13748653
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTED 2,743 LOANS TOTALING $105,249,909 TO OUR MEMBERS DURING 2019.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02426927
IRS990/PYOtherExpensesAmt06917286
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt011474300
IRS990/PYRevenuesLessExpensesAmt0608047
IRS990/PYSalariesCompEmpBnftPaidAmt06375894
IRS990/PYTotalExpensesAmt013293180
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013901227
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0443284
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024555204
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt025917818
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010099517
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026521714
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Expended527ActivitiesAmt00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/InternalFundsContributedAmt03026
IRS990ScheduleC/PoliticalExpendituresAmt03026
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0363092340
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0CREDIT UNION POLITICAL ACTION COUNCIL
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt03026
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt01807 W DIEHL ROAD
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0NAPERVILLE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd0605667107
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTIONS
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO CREDIT UNION POLITICAL ACTION COUNCIL THAT IS REPORTED IN PARTS I-A AND I-C ABOVE.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc1PARTS I-A AND I-C
IRS990ScheduleC/TotalExemptFunctionExpendAmt03026
IRS990ScheduleD/BuildingsGrp/BookValueAmt01295993
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02262074
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03558067
IRS990ScheduleD/EquipmentGrp/BookValueAmt0719790
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03163913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03883703
IRS990ScheduleD/ExpensesNotReportedAmt07336433
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07246746
IRS990ScheduleD/ExpensesSubtotalAmt06873141
IRS990ScheduleD/LandGrp/BookValueAmt0678696
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0678696
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt088125
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0686967
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0775092
IRS990ScheduleD/OtherExpensesIncludedAmt07336433
IRS990ScheduleD/OtherExpensesNotIncludedAmt07246746
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0273470943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/OtherRevenueAmt07503031
IRS990ScheduleD/OtherRevenuesNotIncludedAmt07801940
IRS990ScheduleD/RevenueNotReportedAmt07503031

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$302,789,767
Liabilities
$276,871,949
Net assets
$25,917,818
Revenue
$14,563,171
Expenses
$14,119,887
Net income
$443,284
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$336$307$29.5$20.2$16.7$3.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$351$327$23.7$15.7$14.8$0.85
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$367$347$19.8$13.9$13.6$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$377$350$26.9$14.9$14.0$0.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$349$322$27.4$15.9$14.8$1.07
2019Detailed filing. Detailed filing data is available for this year.$303$277$25.9$14.6$14.1$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$308$283$24.6$13.9$13.3$0.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$316$292$24.2$13.1$12.5$0.64
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$318$293$24.1$12.8$12.1$0.64
2015Detailed filing. Detailed filing data is available for this year.$313$290$23.3$11.9$11.6$0.32
2014Detailed filing. Detailed filing data is available for this year.$308$285$23.0$11.4$11.5$0.10
2013Detailed filing. Detailed filing data is available for this year.$308$285$22.8$11.0$11.8$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$308$284$24.1$12.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$289$266$23.7$12.4
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$285$261$23.5$16.2
Peer Organizations

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