Civic Intelligence

Heights Auto Workers Credit Union

990 • Fiscal year 2015 • EIN 36-2419943

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 28, 2016

21540 Cottage GroveChicago Heights, IL 60411

(708) 758-4277

Siviq Scores

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

Liabilities / Assets

24th percentile

0.85x

Higher debt load relative to assets than 24% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

34th percentile

18.06x

Higher debt load relative to revenue than 34% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Net Margin

10th percentile

-3.2%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

22nd percentile

$72,800

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2015

Asset Growth

89th percentile

9.0%

Faster asset growth than 89% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-13%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$38,475,357

Up $3,167,406 (+9.0%) from 2014

Net Assets

Down

$5,943,525

Down $58,373 (-1.0%) from 2014

Liabilities

Up

$32,531,832

Up $3,225,779 (+11%) from 2014

Revenue

Down

$1,800,945

Down $265,686 (-13%) from 2014

Expenses

Down

$1,859,318

Down $388,332 (-17%) from 2014

Net Income

Up

-$58,373

Up $122,646 (+68%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $29,718,431Liabilities 2010: $23,844,649Net Assets 2010: $5,873,7822010Assets 2011: $33,386,981Liabilities 2011: $27,618,045Net Assets 2011: $5,768,9362011Assets 2012: $33,411,308Liabilities 2012: $27,695,605Net Assets 2012: $5,715,7032012Assets 2013: $33,729,431Liabilities 2013: $27,934,710Net Assets 2013: $5,794,7212013Assets 2014: $35,307,951Liabilities 2014: $29,306,053Net Assets 2014: $6,001,8982014Assets 2015: $38,475,357Liabilities 2015: $32,531,832Net Assets 2015: $5,943,5252015Assets 2016: $37,723,204Liabilities 2016: $31,747,498Net Assets 2016: $5,975,7062016Assets 2017: $35,449,894Liabilities 2017: $29,400,490Net Assets 2017: $6,049,4042017Assets 2018: $34,570,345Liabilities 2018: $28,406,621Net Assets 2018: $6,163,7242018Assets 2019: $34,419,063Liabilities 2019: $28,100,107Net Assets 2019: $6,318,9562019Assets 2020: $36,560,000Liabilities 2020: $30,473,307Net Assets 2020: $6,086,6932020Assets 2021: $32,976,227Liabilities 2021: $27,206,019Net Assets 2021: $5,770,2082021Assets 2022: $30,896,395Liabilities 2022: $24,849,222Net Assets 2022: $6,047,1732022Assets 2023: $29,253,176Liabilities 2023: $23,170,642Net Assets 2023: $6,082,5342023Assets 2024: $28,972,158Liabilities 2024: $22,933,011Net Assets 2024: $6,039,1472024

Highlighted filing

2015

Assets$38,475,357
Liabilities$32,531,832
Net Assets$5,943,525

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,455,4802010Expenses 2011: $1,379,6952011Expenses 2012: $1,652,9662012Revenue 2013: $1,984,384Expenses 2013: $1,882,325Net Income 2013: $102,0592013Revenue 2014: $2,066,631Expenses 2014: $2,247,650Net Income 2014: -$181,0192014Revenue 2015: $1,800,945Expenses 2015: $1,859,318Net Income 2015: -$58,3732015Revenue 2016: $2,041,642Expenses 2016: $1,936,464Net Income 2016: $105,1782016Revenue 2017: $2,006,371Expenses 2017: $1,932,673Net Income 2017: $73,6982017Revenue 2018: $1,992,040Expenses 2018: $1,877,720Net Income 2018: $114,3202018Revenue 2019: $2,088,736Expenses 2019: $1,933,504Net Income 2019: $155,2322019Revenue 2020: $1,594,842Expenses 2020: $1,827,105Net Income 2020: -$232,2632020Revenue 2021: $1,495,261Expenses 2021: $1,811,746Net Income 2021: -$316,4852021Revenue 2022: $2,012,858Expenses 2022: $1,735,893Net Income 2022: $276,9652022Revenue 2023: $1,776,650Expenses 2023: $1,712,929Net Income 2023: $63,7212023Revenue 2024: $1,893,282Expenses 2024: $1,936,669Net Income 2024: -$43,3872024

Highlighted filing

2015

Revenue$1,800,945
Expenses$1,859,318
Net Income-$58,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 28, 2016
Return Version
2015v2.1
Gross Receipts
$1,800,945
Mission and Program Overview

Mission

To give members the ability to control their financial destiny by providing members with the means to satisfy their needs for financial services in a comfortable family-like environment. In doing so, the Credit Union strives to maintain long-term relationships with members.

Our mission is provide financial services to members that are rate competative and convenient

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$12,762,000$15,930,000▲ $3,168,000
Savings and Temporary Cash Investments$7,471,164$10,793,309▲ $3,322,145
Other Notes and Loans Receivable, Net$12,265,242$8,807,032▼ $3,458,210
Rtn Earn Endowment Incm Other Fnds$6,001,898$5,943,525▼ $58,373
Cash and Non-Interest-Bearing Accounts$1,435,919$1,985,974▲ $550,055
Land, Buildings, and Equipment, Net$515,074$447,834▼ $67,240
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0--
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$35,307,951$38,475,357▲ $3,167,406
Other Assets Total$858,552$511,208▼ $347,344
Liabilities
Other Liabilities$29,192,845$32,363,830▲ $3,170,985
Accounts Payable and Accrued Expenses$113,208$168,002▲ $54,794
Total Liabilities$29,306,053$32,531,832▲ $3,225,779
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,001,898$5,943,525▼ $58,373
Total Liabilities and Net Assets / Fund Balance$35,307,951$38,475,357▲ $3,167,406

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$55,487$19,310$0
Other Land Buildings$177,070$30,450$0
Land$67,000-$0
Equipment$148,277$35,743$0
Leasehold Improvements$0$0$0
Other Securities$15,632,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terrie L DustMgr/ Vice PresidentFT$72,800$72,800
J C HefnerTreasurerPT$12,120$12,120

Board Members and Trustees

NameTitle
Ronald ThompsonPresident
James ValenteDirector
John MontellaDirector
Michael MazzilloDirector
Byron CooperMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,663,414
Investment Income
$137,531
Other Revenue
$0
Change in Net Assets
$-58,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,240,698
Salaries, Compensation, and Employee Benefits$618,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$524,094
Other Salaries and Wages---$438,063
All Other Expenses---$97,021
Office Expenses---$88,270
Occupancy---$87,529
Information Technology---$87,445
Depreciation Depletion---$85,503
Current Officers, Directors, Trustees, and Key Employees---$84,920
Other Employee Benefits---$34,265
Payroll Taxes---$32,096
Pension Plan Contributions---$29,276
Insurance---$24,607
Fees for Services Accounting---$21,935
Payments to Affiliates---$12,395
Travel---$10,003
Advertising---$5,997
Conferences and Meetings---$250
Interest---$23
Total Functional Expenses$0$0$0$1,859,318
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Equity$32,363,830
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

REVIEWED BY TREASURER

Form 990, Part VI, Section B, Line 15

Executive committee decides they reports to other board members

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Heights AutoWorkers Credit Union
EIN
36-2419943
Phone
7087584277
Address
21540 Cottage Grove, Chicago Heights, IL 60411

Signing Officer

Name
Terrie Dust
Title
Vice President
Phone
7087584277
Signed
2016-10-28

Organization Details

Principal Officer
Terrie Dust
Formed
1956
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
0
Employees
17
Volunteers
0
Raw XML AppendixShowing 400 of 407 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/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0110364
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01610068
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01956267
IRS990/PYRevenuesLessExpensesAmt0-181019
IRS990/PYSalariesCompEmpBnftPaidAmt0637582
IRS990/PYTotalExpensesAmt02247650
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02066631
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-58373
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06001898
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05943525
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07471164
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010793309
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt055487
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019310
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt074797
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0148277
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035743
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0184020
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt067000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt067000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0177070
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030450
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0207520
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032363830
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER EQUITY
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0298000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt115632000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0SAVINGS & LOAN
IRS990ScheduleD/OtherSecuritiesGrp/Desc1SIMPLI CD
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0447834
IRS990ScheduleD/TotalBookValueSecuritiesAmt015930000
IRS990ScheduleD/TotalLiabilityAmt032363830
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE COMMITTEE DECIDES THEY REPORTS TO OTHER BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt035307951
IRS990/TotalAssetsEOYAmt038475357
IRS990/TotalAssetsGrp/BOYAmt035307951
IRS990/TotalAssetsGrp/EOYAmt038475357
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01859318
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029306053
IRS990/TotalLiabilitiesEOYAmt032531832
IRS990/TotalLiabilitiesGrp/BOYAmt029306053
IRS990/TotalLiabilitiesGrp/EOYAmt032531832
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06001898
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05943525
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt01663414
IRS990/TotalReportableCompFromOrgAmt084920
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01800945
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01800945
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt035307951
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt038475357
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt010003
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt021540 COTTAGE GROVE
IRS990/USAddress/CityNm0CHICAGO HEIGHTS
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060411
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0hawcu.com
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0REPORT WAS MAILED NOT E-FILE, AND SCHUDULE O WAS MISSING
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Terrie Dust
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum07087584277
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Heights AutoWorkers Credit Union
ReturnHeader/Filer/BusinessNameControlTxt0HEIG
ReturnHeader/Filer/EIN0362419943
ReturnHeader/Filer/PhoneNum07087584277
ReturnHeader/Filer/USAddress/AddressLine1Txt021540 Cottage Grove
ReturnHeader/Filer/USAddress/CityNm0Chicago Heights

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.0$22.9$6.04$1.89$1.94$0.04
2023Detailed filing. Detailed filing data is available for this year.$29.3$23.2$6.08$1.78$1.71$0.06
2022Detailed filing. Detailed filing data is available for this year.$30.9$24.8$6.05$2.01$1.74$0.28
2021Detailed filing. Detailed filing data is available for this year.$33.0$27.2$5.77$1.50$1.81$0.32
2020Detailed filing. Detailed filing data is available for this year.$36.6$30.5$6.09$1.59$1.83$0.23
2019Detailed filing. Detailed filing data is available for this year.$34.4$28.1$6.32$2.09$1.93$0.16
2018Detailed filing. Detailed filing data is available for this year.$34.6$28.4$6.16$1.99$1.88$0.11
2017Detailed filing. Detailed filing data is available for this year.$35.4$29.4$6.05$2.01$1.93$0.07
2016Detailed filing. Detailed filing data is available for this year.$37.7$31.7$5.98$2.04$1.94$0.11
2015Detailed filing. Detailed filing data is available for this year.$38.5$32.5$5.94$1.80$1.86$0.06
2014Detailed filing. Detailed filing data is available for this year.$35.3$29.3$6.00$2.07$2.25$0.18
2013Detailed filing. Detailed filing data is available for this year.$33.7$27.9$5.79$1.98$1.88$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.4$27.7$5.72$1.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.4$27.6$5.77$1.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$23.8$5.87$1.46