Civic Intelligence

Financial Plus Credit Union

990 • Fiscal year 2014 • EIN 36-2282191

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

Organization ProfileWWW.FINANCIALPLUS.ORG

View Organization Page

800 Chestnut StreetOttawa, IL 61350

(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.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

54th percentile

18.62x

Higher debt load relative to revenue than 54% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

73rd percentile

$244,404

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2014

Asset Growth

79th percentile

7.3%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-0.9%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$235,914,658

Up $16,121,160 (+7.3%) from 2013

Net Assets

Up

$32,384,548

Up $2,208,045 (+7.3%) from 2013

Liabilities

Up

$203,530,110

Up $13,913,115 (+7.3%) from 2013

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin73rd percentile

Revenue

Down

$10,930,912

Down $98,018 (-0.9%) from 2013

Expenses

Up

$9,162,736

Up $348,861 (+4.0%) from 2013

Net Income

Down

$1,768,176

Down $446,879 (-20%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

2014

Assets$235,914,658
Liabilities$203,530,110
Net Assets$32,384,548
Open 2014 Filing

Operations Trend

Revenue Growth29th percentile

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

2014

Revenue$10,930,912
Expenses$9,162,736
Net Income$1,768,176
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$10,930,912
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$136,322,376$140,538,990▲ $4,216,614
Savings and Temporary Cash Investments$30,079,939$48,059,892▲ $17,979,953
Rtn Earn Endowment Incm Other Fnds$30,176,503$32,384,548▲ $2,208,045
Investments in Publicly Traded Securities$37,158,692$30,136,084▼ $7,022,608
Land, Buildings, and Equipment, Net$6,832,086$6,969,999▲ $137,913
Cash and Non-Interest-Bearing Accounts$2,794,367$3,596,703▲ $802,336
Prepaid Expenses and Deferred Charges$2,045,007$1,820,140▼ $224,867
Total Assets$219,793,498$235,914,658▲ $16,121,160
Other Assets Total$4,561,031$4,792,850▲ $231,819
Liabilities
Other Liabilities$188,046,658$202,623,925▲ $14,577,267
Accounts Payable and Accrued Expenses$1,570,337$906,185▼ $664,152
Total Liabilities$189,616,995$203,530,110▲ $13,913,115
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,176,503$32,384,548▲ $2,208,045
Total Liabilities and Net Assets / Fund Balance$219,793,498$235,914,658▲ $16,121,160

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,109,521-$4,109,521
Land$1,952,258-$1,952,258
Equipment$908,220-$908,220
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jack TeausantFormer CEO RetiredFT$230,606$13,798$244,404
Jack Teausant--$149,177$81,429$230,606
Tim OdonnellPresidentFT$176,962$14,320$191,282
Tim Odonnell--$132,913$44,049$176,962
Peter FauthExec. Vice President - CFOFT$149,781$13,425$163,206
Sandy BurkartVice PresidentFT$117,882$12,246$130,128
Betsy PenoyerVice PresidentFT$91,644$5,561$97,205

Board Members and Trustees

NameTitle
Gilbert MeyerBoard Chair
Paul SweedenVice Chair
William MucciBoard Secretary
Anthony QuigleyBoard Treasurer
Dominic PreciSupervisory Committee
Robert MarshallSupervisory Committee
Vincent KozsdiySupervisory Committee

Highest Paid Contractors

ContractorServicesLocationCompensation
Digital InsightInternet Banking Provider1300 SEAPORT BLVD SUITE 300, Redwood City, CA 94063$546,134
FiservData Processing Systems Provider75 REMITTANCE DR, Chicago, IL 60675$515,380
Blue Cross Blue Shield Of IlEmployee Health Insurance ProviderPO BOX 1186, Chicago, IL 60690$402,161
Lkcs INCMarketing And Statement Processing4130 PLANK ROAD, Peru, IL 61354$272,634
Lasalle County CollectorReal Estate Taxes707 E ETNA ROAD, Ottawa, IL 61350$138,409
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,416,670
Investment Income
$514,242
Other Revenue
$0
Change in Net Assets
$1,768,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,529,666
Salaries, Compensation, and Employee Benefits$3,633,070
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,094,051
Information Technology---$926,951
Current Officers, Directors, Trustees, and Key Employees---$826,225
Office Expenses---$586,358
Occupancy---$427,517
Other Expenses---$413,717
Depreciation Depletion---$393,781
Other Employee Benefits---$393,185
Advertising---$278,915
All Other Expenses---$222,915
Payroll Taxes---$181,921
Pension Plan Contributions---$137,688
Insurance---$99,644
Travel---$49,913
Conferences and Meetings---$46,598
Fees for Services Accounting---$31,276
Fees for Services Legal---$6,946
Total Functional Expenses$0$0$0$9,162,736
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$202,623,924
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. A 2 - all employees including officer go through an annual performance evaluation process and are given 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 statements and a report of the directors are availabale in our offices or on our website. Part iv sec. A 11 - 990 is prepared by cfo and reviewed with officers board of directors and external auditors. Part xi 9 - other changes in net assets or fund balances retained earnings were increased by 258305 due to a merger with utility employees lasalle service area credit union on july 1 2014.”

Filing and Contact Details

Filer

Filer Name
Financial Plus Credit Union
EIN
36-2282191
Address
800 CHESTNUT STREET, OTTAWA, IL 61350

Signing Officer

Name
Tim Odonnell
Title
Evp-CFO
Phone
8154331496
Signed
2015-05-15

Organization Details

Principal Officer
TIM O'DONNELL
Formed
1951
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
6
Employees
71
Volunteers
9
Raw XML AppendixShowing 400 of 401 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/TitleTxt9VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
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IRS990/LandBldgEquipCostOrOtherBssAmt06969999
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/NetAssetsOrFundBalancesBOYAmt030176503
IRS990/NetAssetsOrFundBalancesEOYAmt032384548
IRS990/NetUnrlzdGainsLossesInvstAmt0181564
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0427517
IRS990/OfficeExpensesGrp/TotalAmt0586358
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt04561031
IRS990/OtherAssetsTotalGrp/EOYAmt04792850
IRS990/OtherChangesInNetAssetsAmt0258305
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0393185
IRS990/OtherExpensesGrp/Desc0DIVIDENDS PAID ON SHARES
IRS990/OtherExpensesGrp/Desc1VISA LOAN AND COLLECTIONS EXPENSE
IRS990/OtherExpensesGrp/Desc2SHARE DRAFT DEBIT AND ATM EXPENSE
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/TotalAmt0873726
IRS990/OtherExpensesGrp/TotalAmt1455236
IRS990/OtherExpensesGrp/TotalAmt2716173
IRS990/OtherExpensesGrp/TotalAmt3413717
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0188046658
IRS990/OtherLiabilitiesGrp/EOYAmt0202623925
IRS990/OtherOrganizationDsc0COOPERATIVE
IRS990/OtherSalariesAndWagesGrp/TotalAmt02094051
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0136322376
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0140538990
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0181921
IRS990/PensionPlanContributionsGrp/TotalAmt0137688
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02045007
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01820140
IRS990/PrincipalOfficerNm0TIM O'DONNELL
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/RelatedOrExemptFuncIncomeAmt06822454
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12482357
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2406873
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3468338
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt437686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06822454
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12482357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2406873
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3468338
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt437686
IRS990/ProgSrvcAccomActy2Grp/ActivityCd0522130
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED 13871 SHARE DRAFT CHECKING ACCOUNTS WITH RELATED SERVICES TO MEMBERS.
IRS990/ProgSrvcAccomActy3Grp/ActivityCd0522130
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED 5176 MEMBERS WITH VISA CREDIT CARDS. THE REVOLVING LINES OF CREDIT ON THESE CARDS TOTAL 18375350.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0467468
IRS990/PYOtherExpensesAmt05276581
IRS990/PYProgramServiceRevenueAmt010561462
IRS990/PYRevenuesLessExpensesAmt02215055
IRS990/PYSalariesCompEmpBnftPaidAmt03537294
IRS990/PYTotalExpensesAmt08813875
IRS990/PYTotalRevenueAmt011028930
IRS990/ReconcilationRevenueExpnssAmt01768176
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt030176503
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt032384548
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030079939
IRS990/SavingsAndTempCashInvstGrp/EOYAmt048059892
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04109521
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04109521
IRS990ScheduleD/EquipmentGrp/BookValueAmt0908220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0908220
IRS990ScheduleD/LandGrp/BookValueAmt01952258
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01952258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0202623924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06969999
IRS990ScheduleD/TotalLiabilityAmt0202623924
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0149177
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1132913
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount058305
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount135490
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt023124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt18559
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JACK TEAUSANT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TIM ODONNELL
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART VI SEC. A 2 - ALL EMPLOYEES INCLUDING OFFICER GO THROUGH AN ANNUAL PERFORMANCE EVALUATION PROCESS AND ARE GIVEN 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 STATEMENTS AND A REPORT OF THE DIRECTORS ARE AVAILABALE IN OUR OFFICES OR ON OUR WEBSITE. PART IV SEC. A 11 - 990 IS PREPARED BY CFO AND REVIEWED WITH OFFICERS BOARD OF DIRECTORS AND EXTERNAL AUDITORS. PART XI 9 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES RETAINED EARNINGS WERE INCREASED BY 258305 DUE TO A MERGER WITH UTILITY EMPLOYEES LASALLE SERVICE AREA CREDIT UNION ON JULY 1 2014.
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/TotalAssetsBOYAmt0219793498
IRS990/TotalAssetsEOYAmt0235914658
IRS990/TotalAssetsGrp/BOYAmt0219793498
IRS990/TotalAssetsGrp/EOYAmt0235914658
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt09162736
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0189616995
IRS990/TotalLiabilitiesEOYAmt0203530110
IRS990/TotalLiabilitiesGrp/BOYAmt0189616995
IRS990/TotalLiabilitiesGrp/EOYAmt0203530110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt030176503
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032384548
IRS990/TotalOtherCompensationAmt059350
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0198962
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0198962
IRS990/TotalProgramServiceRevenueAmt010416670
IRS990/TotalReportableCompFromOrgAmt0766875
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010930912
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010930912
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0219793498
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0235914658
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt049913
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.FINANCIALPLUS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM ODONNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EVP-CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08154331496
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINANCIAL PLUS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0FINA
ReturnHeader/Filer/EIN0362282191
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 CHESTNUT STREET
ReturnHeader/Filer/USAddress/CityNm0OTTAWA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061350
ReturnHeader/ReturnTs02015-05-15T17:06:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$235,914,658
Liabilities
$203,530,110
Net assets
$32,384,548
Revenue
$10,930,912
Expenses
$9,162,736
Net income
$1,768,176
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