Civic Intelligence

Financial Plus Credit Union

990 • Fiscal year 2013 • EIN 36-2282191

Jan 01, 2013 to Dec 31, 2013 • Filed on May 15, 2014

800 Chestnut Street61350

(815) 433-1496

Siviq Scores

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

Liabilities / Assets

18th percentile

0.86x

Higher debt load relative to assets than 18% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

43rd percentile

17.19x

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

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Net Margin

87th percentile

20%

Higher net margin than 87% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

81st percentile

$266,007

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2013 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2013

Asset Growth

81st percentile

6.4%

Faster asset growth than 81% of similar nonprofits.

2013 filings • 501(c)14 • $100M-$250M 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

Assets

Up

$219,793,498

Up $13,130,941 (+6.4%) from 2012

Net Assets

Up

$30,176,503

Up $1,879,115 (+6.6%) from 2012

Liabilities

Up

$189,616,995

Up $11,251,826 (+6.3%) from 2012

Revenue

$11,028,930

No earlier filing loaded for comparison.

Expenses

Up

$8,813,875

Up $9,347 (+0.1%) from 2012

Net Income

$2,215,055

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $175,451,949Liabilities 2010: $151,826,312Net Assets 2010: $23,625,6372010Assets 2011: $192,552,938Liabilities 2011: $166,672,061Net Assets 2011: $25,880,8772011Assets 2012: $206,662,557Liabilities 2012: $178,365,169Net Assets 2012: $28,297,3882012Assets 2013: $219,793,498Liabilities 2013: $189,616,995Net Assets 2013: $30,176,5032013Assets 2014: $235,914,658Liabilities 2014: $203,530,110Net Assets 2014: $32,384,5482014Assets 2015: $280,299,647Liabilities 2015: $244,627,600Net Assets 2015: $35,672,0472015Assets 2016: $299,345,397Liabilities 2016: $261,046,176Net Assets 2016: $38,299,2212016Assets 2017: $310,635,335Liabilities 2017: $269,277,139Net Assets 2017: $41,358,1962017Assets 2018: $319,938,471Liabilities 2018: $274,801,218Net Assets 2018: $45,137,2532018Assets 2019: $337,335,921Liabilities 2019: $287,917,629Net Assets 2019: $49,418,2922019Assets 2020: $397,647,993Liabilities 2020: $345,300,924Net Assets 2020: $52,347,0692020Assets 2021: $450,128,379Liabilities 2021: $395,326,307Net Assets 2021: $54,802,0722021Assets 2022: $468,066,782Liabilities 2022: $416,662,389Net Assets 2022: $51,404,3932022Assets 2023: $488,328,686Liabilities 2023: $431,139,672Net Assets 2023: $57,189,0142023Assets 2024: $528,122,810Liabilities 2024: $462,950,048Net Assets 2024: $65,172,7622024

Highlighted filing

2013

Assets$219,793,498
Liabilities$189,616,995
Net Assets$30,176,503

Operations Trend

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

$40M$30M$20M$10M$0Expenses 2010: $9,155,8962010Expenses 2011: $8,890,8852011Expenses 2012: $8,804,5282012Revenue 2013: $11,028,930Expenses 2013: $8,813,875Net Income 2013: $2,215,0552013Revenue 2014: $10,930,912Expenses 2014: $9,162,736Net Income 2014: $1,768,1762014Revenue 2015: $12,166,280Expenses 2015: $9,907,128Net Income 2015: $2,259,1522015Revenue 2016: $13,486,079Expenses 2016: $10,734,752Net Income 2016: $2,751,3272016Revenue 2017: $14,531,643Expenses 2017: $11,358,071Net Income 2017: $3,173,5722017Revenue 2018: $16,237,237Expenses 2018: $12,328,447Net Income 2018: $3,908,7902018Revenue 2019: $17,514,647Expenses 2019: $13,765,737Net Income 2019: $3,748,9102019Revenue 2020: $17,277,341Expenses 2020: $14,668,286Net Income 2020: $2,609,0552020Revenue 2021: $18,435,940Expenses 2021: $15,115,889Net Income 2021: $3,320,0512021Revenue 2022: $20,342,289Expenses 2022: $16,115,786Net Income 2022: $4,226,5032022Revenue 2023: $24,600,191Expenses 2023: $20,759,661Net Income 2023: $3,840,5302023Revenue 2024: $31,030,431Expenses 2024: $25,267,450Net Income 2024: $5,762,9812024

Highlighted filing

2013

Revenue$11,028,930
Expenses$8,813,875
Net Income$2,215,055
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 15, 2014
Return Version
2013v3.1
Gross Receipts
$11,028,930
Mission and Program Overview

Mission

Exceptional Service to Members

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$135,786,386$136,322,376▲ $535,990
Investments in Publicly Traded Securities$27,327,436$37,158,692▲ $9,831,256
Rtn Earn Endowment Incm Other Fnds$28,297,388$30,176,503▲ $1,879,115
Savings and Temporary Cash Investments$27,818,727$30,079,939▲ $2,261,212
Land, Buildings, and Equipment, Net$7,150,853$6,832,086▼ $318,767
Cash and Non-Interest-Bearing Accounts$2,394,977$2,794,367▲ $399,390
Prepaid Expenses and Deferred Charges$2,328,721$2,045,007▼ $283,714
Total Assets$206,662,557$219,793,498▲ $13,130,941
Other Assets Total$3,855,457$4,561,031▲ $705,574
Liabilities
Other Liabilities$176,940,989$188,046,658▲ $11,105,669
Accounts Payable and Accrued Expenses$1,424,180$1,570,337▲ $146,157
Total Liabilities$178,365,169$189,616,995▲ $11,251,826
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,297,388$30,176,503▲ $1,879,115
Total Liabilities and Net Assets / Fund Balance$206,662,557$219,793,498▲ $13,130,941

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,249,970-$4,249,970
Land$1,992,580-$1,992,580
Equipment$589,536-$589,536
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jack TeausantPresident - CEOFT$246,624$19,383$266,007
Jack Teausant--$181,381$65,243$246,624
Tim OdonnellExecutive Vice President - LendingFT$146,437$15,693$162,130
Peter FauthVice President - CFOFT$123,429$14,867$138,296
Sandy BurkartVice President - MarketingFT$111,199$14,379$125,578

Board Members and Trustees

NameTitle
Leroy JenkinsBoard Chair
Dominic PreciSupervisory Committee Chair
Paul SweedenVice Chair
William MucciBoard Secretary
Gilbert MeyerBoard Treasurer
Anthony QuigleySupervisory Committee Member
Robert MarshallSupervisory Committee Member

Highest Paid Contractors

ContractorServicesLocationCompensation
IntuitInternet Banking Provider-$379,553
Blue Crossblue Shield Of IllinoisEmployee Health Insurance-$300,137
Lkcs INCMarketing And Statement Processing-$264,291
FiservData Processing Systems-$194,681
Lasalle County CollectorReal Estate Taxes-$133,420
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,561,462
Investment Income
$467,468
Other Revenue
$0
Change in Net Assets
$2,215,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,276,581
Salaries, Compensation, and Employee Benefits$3,537,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,109,876
Information Technology---$801,293
Current Officers, Directors, Trustees, and Key Employees---$692,011
Office Expenses---$553,681
Depreciation Depletion---$395,075
Occupancy---$390,096
Other Employee Benefits---$301,683
Advertising---$270,184
Pension Plan Contributions---$261,998
Insurance---$244,630
Other Expenses---$222,914
All Other Expenses---$213,724
Payroll Taxes---$171,726
Travel---$70,676
Conferences and Meetings---$39,021
Fees for Services Accounting---$31,091
Fees for Services Legal---$3,500
Interest---$127
Total Functional Expenses$0$0$0$8,813,875
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares$188,046,658
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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

Part VI Sec. A 2 - Jack Teausant and Sandy Burkart - Family Relationship.

Part vi sec. B 15a b - all employees including officers got through an annual performance evaluation process and are fiven salary increase consideration based on performance. Salary levels are gauged via independent published compensation surveys. Part vi sec. C 19 - financial statements are available upon request. Annual reports including year-end financial statemetn and a report of the directors are available in our offices or on our website. Part vi sec. A 11 - 990 si prepared by cfo and reviewed with officers board of directors and external auditors.

Filing and Contact Details

Filer

EIN
36-2282191

Signing Officer

Name
Peter Fauth
Title
Vice President - CFO
Phone
8154331496
Signed
2014-05-15

Organization Details

Principal Officer
Peter Fauth
Formed
1951
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
5
Employees
78
Volunteers
8
Raw XML Appendix389 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/BOYAmt01424180
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01570337
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AdvertisingGrp/TotalAmt0270184
IRS990/AllOtherExpensesGrp/TotalAmt0213724
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0PETER FAUTH
IRS990/BooksInCareOfDetail/PhoneNum08154331496
IRS990/BooksInCareOfDetail/USAddress/AddressLine10800 CHESTNUT STREET
IRS990/BooksInCareOfDetail/USAddress/City0OTTAWA
IRS990/BooksInCareOfDetail/USAddress/State0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCode061350
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02394977
IRS990/CashNonInterestBearingGrp/EOYAmt02794367
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0692011
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt039021
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0379553
IRS990/ContractorCompensationGrp/CompensationAmt1300137
IRS990/ContractorCompensationGrp/CompensationAmt2264291
IRS990/ContractorCompensationGrp/CompensationAmt3194681
IRS990/ContractorCompensationGrp/CompensationAmt4133420
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10PO BOX 515306
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine11PO BOX 1186
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine124130 PLANK ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1375 REMITTANCE DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine14707 EAST ETNA ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City1CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City2PERU
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City3CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City4OTTAWA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State2ID
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State3ID
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State4ID
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode090051
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode160690
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode261354
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode360675
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode461350
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0INTUIT
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1BLUE CROSSBLUE SHIELD OF ILLINOIS
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2LKCS INC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm3FISERV
IRS990/ContractorCompensationGrp/ContractorName/PersonNm4LASALLE COUNTY COLLECTOR
IRS990/ContractorCompensationGrp/ServicesDesc0INTERNET BANKING PROVIDER
IRS990/ContractorCompensationGrp/ServicesDesc1EMPLOYEE HEALTH INSURANCE
IRS990/ContractorCompensationGrp/ServicesDesc2MARKETING AND STATEMENT PROCESSING
IRS990/ContractorCompensationGrp/ServicesDesc3DATA PROCESSING SYSTEMS
IRS990/ContractorCompensationGrp/ServicesDesc4REAL ESTATE TAXES
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0467468
IRS990/CYOtherExpensesAmt05276581
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010561462
IRS990/CYRevenuesLessExpensesAmt02215055
IRS990/CYSalariesCompEmpBnftPaidAmt03537294
IRS990/CYTotalExpensesAmt08813875
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011028930
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0395075
IRS990/Desc0PROVIDED 5167 NEW LOANS TO MEMBERS DURING 2013 TOTALING 54891007. THIS INCLUDES REAL ESTATE HOME EQUITY AND CONSUMER LOANS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt078
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt031091
IRS990/FeesForServicesLegalGrp/TotalAmt03500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt719383
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt815693
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt914379
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1014867
IRS990/Form990PartVIISectionAGrp/PersonNm0LEROY JENKINS
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL SWEEDEN
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM MUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm3GILBERT MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm4DOMINIC PRECI
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm6ANTHONY QUIGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7JACK TEAUSANT
IRS990/Form990PartVIISectionAGrp/PersonNm8TIM ODONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm9SANDY BURKART
IRS990/Form990PartVIISectionAGrp/PersonNm10PETER FAUTH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7246624
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8146437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9111199
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10123429
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/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SUPERVISORY COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SUPERVISORY COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SUPERVISORY COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT - CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE VICE PRESIDENT - LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT - MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT - CFO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01951
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt011028930
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0801293
IRS990/InsuranceGrp/TotalAmt0244630
IRS990/InterestGrp/TotalAmt0127
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0467468
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0467468
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027327436
IRS990/InvestmentsPubTradedSecGrp/EOYAmt037158692
IRS990/IRPDocumentCnt05580
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07150853
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06832086
IRS990/LandBldgEquipCostOrOtherBssAmt06832086
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EXCEPTIONAL SERVICE TO MEMBERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt028297388
IRS990/NetAssetsOrFundBalancesEOYAmt030176503
IRS990/NetUnrlzdGainsLossesInvstAmt0-335940
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0390096
IRS990/OfficeExpensesGrp/TotalAmt0553681
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OtherAssetsTotalGrp/BOYAmt03855457
IRS990/OtherAssetsTotalGrp/EOYAmt04561031
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0301683
IRS990/OtherExpensesGrp/Desc0DIVIDENDS PAID ON SHARES
IRS990/OtherExpensesGrp/Desc1VISA LOAN AND COLLECTION EXPENSE
IRS990/OtherExpensesGrp/Desc2SHARE DRAFT DEBIT AND ATM EXPENSE
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/TotalAmt0955351
IRS990/OtherExpensesGrp/TotalAmt1408148
IRS990/OtherExpensesGrp/TotalAmt2677070
IRS990/OtherExpensesGrp/TotalAmt3222914
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0176940989
IRS990/OtherLiabilitiesGrp/EOYAmt0188046658
IRS990/OtherOrganizationDsc0COOPERATIVE
IRS990/OtherSalariesAndWagesGrp/TotalAmt02109876
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0135786386
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0136322376
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0171726
IRS990/PensionPlanContributionsGrp/TotalAmt0261998
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02328721
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02045007
IRS990/PrincipalOfficerNm0PETER FAUTH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/BusinessCd2522210
IRS990/ProgramServiceRevenueGrp/BusinessCd3522291
IRS990/ProgramServiceRevenueGrp/BusinessCd4524290
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1SHARE DRAFTS DEBIT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2VISA CREDIT CARD INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc4ACCIDENTAL DEATH INSURANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07100917
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12373101
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2391540
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3492520
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt433251
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07100917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12373101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2391540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3492520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt433251
IRS990/ProgSrvcAccomActy2Grp/ActivityCd0522130
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED 13566 SHARE DRAFT CHECKING ACCOUNTS WITH RELATED SERVICES TO MEMBERS.
IRS990/ProgSrvcAccomActy3Grp/ActivityCd0522130
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED 5147 MEMBERS WITH VISA CREDIT CARDS. THE REVOLVING LINES OF CREDIT ON THESE CARDS TOTAL 18192250.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0345042
IRS990/PYOtherExpensesAmt05344113
IRS990/PYProgramServiceRevenueAmt010704431
IRS990/PYRevenuesLessExpensesAmt02244945
IRS990/PYSalariesCompEmpBnftPaidAmt03460415
IRS990/PYTotalExpensesAmt08804528
IRS990/PYTotalRevenueAmt011049473
IRS990/ReconcilationRevenueExpnssAmt02215055
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt028297388
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt030176503
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027818727
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030079939
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04249970
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04249970
IRS990ScheduleD/EquipmentGrp/BookValueAmt0589536
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0589536
IRS990ScheduleD/LandGrp/BookValueAmt01992580
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01992580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0188046658
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06832086
IRS990ScheduleD/TotalLiabilityAmt0188046658
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0181381
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount055179
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt010064
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JACK TEAUSANT
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART VI SEC. B 15A B - ALL EMPLOYEES INCLUDING OFFICERS GOT THROUGH AN ANNUAL PERFORMANCE EVALUATION PROCESS AND ARE FIVEN SALARY INCREASE CONSIDERATION BASED ON PERFORMANCE. SALARY LEVELS ARE GAUGED VIA INDEPENDENT PUBLISHED COMPENSATION SURVEYS. PART VI SEC. C 19 - FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ANNUAL REPORTS INCLUDING YEAR-END FINANCIAL STATEMETN AND A REPORT OF THE DIRECTORS ARE AVAILABLE IN OUR OFFICES OR ON OUR WEBSITE. PART VI SEC. A 11 - 990 SI PREPARED BY CFO AND REVIEWED WITH OFFICERS BOARD OF DIRECTORS AND EXTERNAL AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SEC. A 2 - JACK TEAUSANT AND SANDY BURKART - FAMILY RELATIONSHIP.
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0206662557
IRS990/TotalAssetsEOYAmt0219793498
IRS990/TotalAssetsGrp/BOYAmt0206662557
IRS990/TotalAssetsGrp/EOYAmt0219793498
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt078
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt08813875
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0178365169
IRS990/TotalLiabilitiesEOYAmt0189616995
IRS990/TotalLiabilitiesGrp/BOYAmt0178365169
IRS990/TotalLiabilitiesGrp/EOYAmt0189616995
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028297388
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030176503
IRS990/TotalOtherCompensationAmt064322
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0170133
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0170133
IRS990/TotalProgramServiceRevenueAmt010561462
IRS990/TotalReportableCompFromOrgAmt0627689
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011028930
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011028930
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0206662557
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0219793498
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt070676
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FINANCIALPLUS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER FAUTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT - CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08154331496
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10FINANCIAL PLUS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FINA
ReturnHeader/Filer/EIN0362282191
ReturnHeader/Filer/USAddress/AddressLine10800 CHESTNUT STREET
ReturnHeader/Filer/USAddress/City0OTTAWA
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode061350
ReturnHeader/ReturnTs02014-05-15T15:37:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$528$463$65.2$31.0$25.3$5.76
2023Detailed filing. Detailed filing data is available for this year.$488$431$57.2$24.6$20.8$3.84
2022Detailed filing. Detailed filing data is available for this year.$468$417$51.4$20.3$16.1$4.23
2021Detailed filing. Detailed filing data is available for this year.$450$395$54.8$18.4$15.1$3.32
2020Detailed filing. Detailed filing data is available for this year.$398$345$52.3$17.3$14.7$2.61
2019Detailed filing. Detailed filing data is available for this year.$337$288$49.4$17.5$13.8$3.75
2018Detailed filing. Detailed filing data is available for this year.$320$275$45.1$16.2$12.3$3.91
2017Detailed filing. Detailed filing data is available for this year.$311$269$41.4$14.5$11.4$3.17
2016Detailed filing. Detailed filing data is available for this year.$299$261$38.3$13.5$10.7$2.75
2015Detailed filing. Detailed filing data is available for this year.$280$245$35.7$12.2$9.91$2.26
2014Detailed filing. Detailed filing data is available for this year.$236$204$32.4$10.9$9.16$1.77
2013Detailed filing. Detailed filing data is available for this year.$220$190$30.2$11.0$8.81$2.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$207$178$28.3$8.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$193$167$25.9$8.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$175$152$23.6$9.16