Civic Intelligence

Maternity Bvm Credit Union

EIN 36-2406571 • 501(c)14 • Bourbonnais, IL

Profile

Maternity bvm credit union is a member owned financial institution. Our mission is to provide our members with the best service possible. We are a family, working together toward financial success, one member at a time.

PO Box 56Bourbonnais, IL 60914

mbvmcu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.88x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

23.17x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Net Margin

21st percentile

-7.2%

Higher net margin than 21% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

41st percentile

$73,379

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 15.6% of source-year revenue.

501(c)14 • $10M-$25M nonprofits • Source year 2024

Asset Growth

35th percentile

-2.1%

Faster asset growth than 35% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$12,373,170

Down $1,158,813 (-8.6%) from 2022

Liabilities

Down

$10,930,786

Down $1,127,532 (-9.4%) from 2022

Net Assets

Down

$1,442,384

Down $31,281 (-2.1%) from 2022

Revenue

Up

$471,728

Up $19,792 (+4.4%) from 2022

Expenses

Up

$505,774

Up $68,783 (+16%) from 2022

Net Income

Down

-$34,046

Down $48,991 (-328%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2012: $10,477,861Liabilities 2012: $9,221,921Net Assets 2012: $1,255,9402012Assets 2013: $11,395,950Liabilities 2013: $10,123,446Net Assets 2013: $1,272,5042013Assets 2014: $11,406,335Liabilities 2014: $10,125,876Net Assets 2014: $1,280,4592014Assets 2015: $11,279,463Liabilities 2015: $9,973,222Net Assets 2015: $1,306,2412015Assets 2016: $11,274,641Liabilities 2016: $9,957,960Net Assets 2016: $1,316,6812016Assets 2017: $11,453,069Liabilities 2017: $10,113,344Net Assets 2017: $1,339,7252017Assets 2018: $11,639,138Liabilities 2018: $10,296,767Net Assets 2018: $1,342,3712018Assets 2019: $11,848,242Liabilities 2019: $10,495,157Net Assets 2019: $1,353,0852019Assets 2021: $13,383,382Liabilities 2021: $11,924,662Net Assets 2021: $1,458,7202021Assets 2022: $13,531,983Liabilities 2022: $12,058,318Net Assets 2022: $1,473,6652022Assets 2024: $12,373,170Liabilities 2024: $10,930,786Net Assets 2024: $1,442,3842024

Highlighted filing

2024

Assets$12,373,170
Liabilities$10,930,786
Net Assets$1,442,384

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $259,4542012Revenue 2013: $270,564Expenses 2013: $254,000Net Income 2013: $16,5642013Revenue 2014: $257,950Expenses 2014: $249,995Net Income 2014: $7,9552014Revenue 2015: $263,408Expenses 2015: $237,626Net Income 2015: $25,7822015Revenue 2016: $265,076Expenses 2016: $254,636Net Income 2016: $10,4402016Revenue 2017: $283,819Expenses 2017: $260,775Net Income 2017: $23,0442017Revenue 2018: $294,672Expenses 2018: $292,026Net Income 2018: $2,6462018Revenue 2019: $320,362Expenses 2019: $309,648Net Income 2019: $10,7142019Revenue 2021: $364,456Expenses 2021: $288,697Net Income 2021: $75,7592021Revenue 2022: $451,936Expenses 2022: $436,991Net Income 2022: $14,9452022Revenue 2024: $471,728Expenses 2024: $505,774Net Income 2024: -$34,0462024

Highlighted filing

2024

Revenue$471,728
Expenses$505,774
Net Income-$34,046

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 10, 2025
Return Version
2024v5.1
Gross Receipts
$471,728
Mission and Program Overview

Mission

Illinois state chartered credit union operated for the mutual benefit of its members. The Credit Union makes loans and pays dividends to members with share deposits at a competitive rate of interest, working together towards financial success for each member.

Illinois state chartered credit union offering services to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,451,643$6,907,469▼ $544,174
Savings and Temporary Cash Investments$1,370,363$2,507,047▲ $1,136,684
Investments in Publicly Traded Securities$3,022,000$2,183,000▼ $839,000
Rtn Earn Endowment Incm Other Fnds$1,476,430$1,442,384▼ $34,046
Land, Buildings, and Equipment, Net$448,923$435,336▼ $13,587
Cash and Non-Interest-Bearing Accounts$190,780$169,449▼ $21,331
Prepaid Expenses and Deferred Charges$4,670$26,282▲ $21,612
Total Assets$12,635,848$12,373,170▼ $262,678
Other Assets Total$147,469$144,587▼ $2,882
Liabilities
Other Liabilities$11,116,388$10,898,512▼ $217,876
Accounts Payable and Accrued Expenses$43,030$32,274▼ $10,756
Total Liabilities$11,159,418$10,930,786▼ $228,632
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,476,430$1,442,384▼ $34,046
Total Liabilities and Net Assets / Fund Balance$12,635,848$12,373,170▼ $262,678

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$420,084$100,209$520,293
Equipment$8,271$27,119$35,390
Land$6,981-$6,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dawn LuhmanPres/secretaryFT$60,591$12,788$73,379
Lisa LillisTreasurer/past Pres-$32,402-$32,402

Board Members and Trustees

NameTitle
David AndersonChairman
Anne FigusVice Chair
Chris BurnsDirector
Jeanne BalberDirector
Robert LampleyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$382,448
Investment Income
$60,880
Other Revenue
$28,400
Change in Net Assets
$-34,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$471,728
Total Revenue per Audited Statements
$471,728
Total Revenue per Form 990
$471,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,542
Salaries, Compensation, and Employee Benefits$217,232
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$105,781$0$0$105,781
Other Salaries and Wages$89,201$0$0$89,201
Office Expenses$0$0$0$73,611
Fees for Services Other$0$0$0$23,968
Occupancy$0$0$0$20,830
Payroll Taxes$15,053$0$0$15,053
Depreciation Depletion$0$0$0$13,587
Conferences and Meetings$0$0$0$5,882
Other Employee Benefits$5,151$0$0$5,151
Travel$0$0$0$3,512
Pension Plan Contributions$2,046$0$0$2,046
Other Expenses$0$0$0$149
Total Functional Expenses$217,232$0$0$505,774

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$505,774
Total Expenses per Audited Statements$505,774
Total Expenses per Form 990$505,774
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
Members Shares and Savings Accounts$10,898,512
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Maternity Bvm Credit Union
EIN
36-2406571
Phone
8159327131
Address
PO BOX 56, BOURBONNAIS, IL 60914

Signing Officer

Name
Dawn Luhman
Title
President
Phone
8159327131
Signed
2025-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Lillis
Formed
1957
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
5
Employees
7
Volunteers
6

Preparer

Firm
Lmhn Ltd
Address
900 N Webster St PO Box 87, Taylorville, IL 62568
Preparer
Richard K Hooper CPA
Phone
2178249661
Supplemental Narrative

Additional Explanations

Pt VI, Line 7A

The membership participates in the annual election of the board of directors

Pt VI, Line 11B

Management reviews the form 990 before signing and submitting.

Pt VI, Line 12C

The governing body follows illinois state chartered credit union regulations, and governing documents are available upon requests.

Pt VI, Line 19

Financial statements available at www.ncua.gov

Pt VI, Line 6

Membership consists of individuals with funds on deposit with the credit union. Membership is primarily open to members of maternity bvm church, members of st. George catholic church, members of st. Joseph catholic church, employees of bishop mcnamara catholic school system, employees of maternity bvm credit union and family members of each of these groups.

Pt VI, Line 2

David anderson is the son-in-law of an employee.

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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/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01476430
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01442384
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01370363
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02507047
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0420084
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0100209
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0520293
IRS990ScheduleD/EquipmentGrp/BookValueAmt08271
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027119
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035390
IRS990ScheduleD/ExpensesSubtotalAmt0505774
IRS990ScheduleD/LandGrp/BookValueAmt06981
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06981
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010898512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES AND SAVINGS ACCOUNTS
IRS990ScheduleD/RevenueSubtotalAmt0471728
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0435336
IRS990ScheduleD/TotalExpensesPerForm990Amt0505774
IRS990ScheduleD/TotalLiabilityAmt010898512
IRS990ScheduleD/TotalRevenuePerForm990Amt0471728
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0471728
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0505774
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP PARTICIPATES IN THE ANNUAL ELECTION OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS THE FORM 990 BEFORE SIGNING AND SUBMITTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY FOLLOWS ILLINOIS STATE CHARTERED CREDIT UNION REGULATIONS, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS AVAILABLE AT WWW.NCUA.GOV
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERSHIP CONSISTS OF INDIVIDUALS WITH FUNDS ON DEPOSIT WITH THE CREDIT UNION. MEMBERSHIP IS PRIMARILY OPEN TO MEMBERS OF MATERNITY BVM CHURCH, MEMBERS OF ST. GEORGE CATHOLIC CHURCH, MEMBERS OF ST. JOSEPH CATHOLIC CHURCH, EMPLOYEES OF BISHOP MCNAMARA CATHOLIC SCHOOL SYSTEM, EMPLOYEES OF MATERNITY BVM CREDIT UNION AND FAMILY MEMBERS OF EACH OF THESE GROUPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DAVID ANDERSON IS THE SON-IN-LAW OF AN EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 2
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt012373170
IRS990/TotalAssetsGrp/BOYAmt012635848
IRS990/TotalAssetsGrp/EOYAmt012373170
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0217232
IRS990/TotalFunctionalExpensesGrp/TotalAmt0505774
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011159418
IRS990/TotalLiabilitiesEOYAmt010930786
IRS990/TotalLiabilitiesGrp/BOYAmt011159418
IRS990/TotalLiabilitiesGrp/EOYAmt010930786
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01476430
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01442384
IRS990/TotalOtherCompensationAmt012788
IRS990/TotalProgramServiceRevenueAmt0382448
IRS990/TotalReportableCompFromOrgAmt092993
IRS990/TotalRevenueGrp/ExclusionAmt020400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0451328
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0471728
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012635848
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012373170
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt03512
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 56
IRS990/USAddress/CityNm0BOURBONNAIS
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060914
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAWN LUHMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08159327131
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MATERNITY BVM CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0MATE
ReturnHeader/Filer/EIN0362406571
ReturnHeader/Filer/PhoneNum08159327131
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 56
ReturnHeader/Filer/USAddress/CityNm0BOURBONNAIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060914
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371410049
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LMHN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 N Webster St PO Box 87
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Taylorville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062568
ReturnHeader/PreparerPersonGrp/PhoneNum02178249661
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard K Hooper CPA
ReturnHeader/ReturnTs02025-05-14T15:24:18-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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