Civic Intelligence

Commonwealth Credit Union

990 • Fiscal year 2011 • EIN 36-2424927

Jan 01, 2011 to Dec 31, 2011 • Filed on Mar 26, 2012

Organization ProfileCWCU.COM

View Organization Page

PO Box 38060914
Siviq Scores

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

Liabilities / Assets

50th percentile

0.89x

Higher debt load relative to assets than 50% of similar nonprofits.

2011 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

19th percentile

1.0%

Faster asset growth than 19% of similar nonprofits.

2011 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$61,996,910

Up $602,879 (+1.0%) from 2010

Net Assets

Down

$6,585,428

Down $178,420 (-2.6%) from 2010

Liabilities

Up

$55,411,482

Up $781,299 (+1.4%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$2,936,904

Down $307,322 (-9.5%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$150M$100M$50M$0Assets 2010: $61,394,031Liabilities 2010: $54,630,183Net Assets 2010: $6,763,8482010Assets 2011: $61,996,910Liabilities 2011: $55,411,482Net Assets 2011: $6,585,4282011Assets 2012: $67,512,388Liabilities 2012: $60,963,321Net Assets 2012: $6,549,0672012Assets 2013: $69,062,211Liabilities 2013: $61,944,601Net Assets 2013: $7,117,6102013Assets 2014: $73,867,220Liabilities 2014: $66,640,967Net Assets 2014: $7,226,2532014Assets 2015: $76,655,958Liabilities 2015: $69,443,082Net Assets 2015: $7,212,8762015Assets 2016: $78,272,315Liabilities 2016: $70,951,107Net Assets 2016: $7,321,2082016Assets 2017: $79,742,472Liabilities 2017: $72,164,780Net Assets 2017: $7,577,6922017Assets 2018: $82,463,867Liabilities 2018: $73,604,266Net Assets 2018: $8,859,6012018Assets 2019: $84,998,155Liabilities 2019: $75,551,455Net Assets 2019: $9,446,7002019Assets 2020: $97,013,268Liabilities 2020: $87,183,573Net Assets 2020: $9,829,6952020Assets 2021: $107,784,960Liabilities 2021: $96,917,382Net Assets 2021: $10,867,5782021Assets 2022: $118,201,063Liabilities 2022: $106,551,206Net Assets 2022: $11,649,8572022Assets 2023: $116,608,531Liabilities 2023: $103,810,410Net Assets 2023: $12,798,1212023Assets 2024: $118,326,005Liabilities 2024: $104,120,271Net Assets 2024: $14,205,7342024

Highlighted filing

2011

Assets$61,996,910
Liabilities$55,411,482
Net Assets$6,585,428
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Expenses 2010: $3,244,2262010Expenses 2011: $2,936,9042011Expenses 2012: $2,857,1392012Revenue 2013: $3,044,543Expenses 2013: $2,868,828Net Income 2013: $175,7152013Revenue 2014: $2,930,200Expenses 2014: $2,679,702Net Income 2014: $250,4982014Revenue 2015: $2,947,709Expenses 2015: $2,796,829Net Income 2015: $150,8802015Revenue 2016: $3,025,671Expenses 2016: $2,861,971Net Income 2016: $163,7002016Revenue 2017: $3,340,395Expenses 2017: $3,020,234Net Income 2017: $320,1612017Revenue 2018: $3,664,953Expenses 2018: $3,168,484Net Income 2018: $496,4692018Revenue 2019: $4,126,981Expenses 2019: $3,444,117Net Income 2019: $682,8642019Revenue 2020: $3,812,813Expenses 2020: $3,378,213Net Income 2020: $434,6002020Revenue 2021: $4,169,993Expenses 2021: $3,295,023Net Income 2021: $874,9702021Revenue 2022: $4,135,024Expenses 2022: $3,437,216Net Income 2022: $697,8082022Revenue 2023: $5,142,679Expenses 2023: $4,053,135Net Income 2023: $1,089,5442023Revenue 2024: $5,885,489Expenses 2024: $4,576,283Net Income 2024: $1,309,2062024

Highlighted filing

2011

Revenue-
Expenses$2,936,904
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Mar 26, 2012
Return Version
2011v1.2
Gross Receipts
$3,034,565
Mission and Program Overview

Mission

Commonwealth credit union, building lifelong relationships one member at a time.

Filing and Contact Details

Filer

EIN
36-2424927
Raw XML Appendix400 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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IRS990ScheduleC/Form990ScheduleCPartIV/Explanation1THE ORGANIZATION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO CUPAC THAT IS REPORTED IN PARTS I-A AND I-C OF THIS SCHEDULE C.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE CREDIT UNION IS A STATE OF ILLINOIS CHARTERED CREDIT UNION. MEMBERSHIP IS OPEN TO ANYONE LIVING IN KANKAKEE, FORD, OR IROQUOIS COUNTIES.
IRS990ScheduleO/GeneralExplanation/Explanation1THE GOVERNING BODY IS MADE FROM INDIVIDUALS OF THE MEMBERSHIP. THE MEMBERSHIP BODY ELECTS INDIVIDUALS TO BE ON THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation2MANAGEMENT REVIEWS THE 990 BEFORE SIGNING.
IRS990ScheduleO/GeneralExplanation/Explanation3THE BOARD MEMBERS ARE INFORMED WHEN THEY TAKE OFFICE AND ONCE A YEAR AFTER THAT THAT THEY MUST INFORM THE BOARD OF ANY CONFLICT OF INTEREST WHEN IT APPEARS. THIS IS NOT A WRITTEN POLICY, BUT IS COMMUNICATED VERBALLY.
IRS990ScheduleO/GeneralExplanation/Explanation4COMPENSATION OF TOP MANAGEMENT OFFICIALS INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA WHICH IS RECORDED IN THE MINUTES.
IRS990ScheduleO/GeneralExplanation/Explanation5GOVERNING DOCUMENTS ARE MADE AVAILABLE BY MEANS OF A BULLETIN BOARD AT THE CREDIT UNION AND AT THE ANNUAL MEETING. THE FINANCIALS CAN ALSO BE VIEWED ON WEBSITE NCUA.GOV.
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IRS990ScheduleO/GeneralExplanation/Identifier4COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier5GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/Identifier6ADDITIONAL INFORMATION
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IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART XI
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IRS990/TotalProgramServiceRevenue02673103
IRS990/TotalReportableCompFromOrg095241
IRS990/TotalRevenueCurrentYear03034565
IRS990/TotalRevenue/ExclusionAmount0253528
IRS990/TotalRevenuePriorYear03156474
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome02781037
IRS990/TotalRevenue/TotalRevenueColumn03034565
IRS990/TransactionRelatedEntity0false
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UponRequest0X
IRS990/WebSite0HTTP://CWCU.COOP/ASP/HOME.ASP
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01951
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0362424927
ReturnHeader/Filer/Name/BusinessNameLine10COMMONWEALTH CREDIT UNION
ReturnHeader/Filer/NameControl0COMM
ReturnHeader/Filer/Phone08159377447
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 380
ReturnHeader/Filer/USAddress/City0BOURBONNAIS
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode060914
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02012-03-26
ReturnHeader/Officer/Name0RAEANN LOVE
ReturnHeader/Officer/Phone08159377447
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02012-03-26
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10SMITH KOELLING DYKSTRA & OHM PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101605 N CONVENT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0BOURBONNAIS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0IL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode060914
ReturnHeader/Preparer/Name0MARCIE MEENTS KOLBERG
ReturnHeader/Preparer/Phone08159371997
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-04-02T11:01:20-05:00

Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$61,996,910
Liabilities
$55,411,482
Net assets
$6,585,428
Revenue
-
Expenses
$2,936,904
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$118$104$14.2$5.89$4.58$1.31
2023Detailed filing. Detailed filing data is available for this year.$117$104$12.8$5.14$4.05$1.09
2022Detailed filing. Detailed filing data is available for this year.$118$107$11.6$4.14$3.44$0.70
2021Detailed filing. Detailed filing data is available for this year.$108$96.9$10.9$4.17$3.30$0.87
2020Detailed filing. Detailed filing data is available for this year.$97.0$87.2$9.83$3.81$3.38$0.43
2019Detailed filing. Detailed filing data is available for this year.$85.0$75.6$9.45$4.13$3.44$0.68
2018Detailed filing. Detailed filing data is available for this year.$82.5$73.6$8.86$3.66$3.17$0.50
2017Detailed filing. Detailed filing data is available for this year.$79.7$72.2$7.58$3.34$3.02$0.32
2016Detailed filing. Detailed filing data is available for this year.$78.3$71.0$7.32$3.03$2.86$0.16
2015Detailed filing. Detailed filing data is available for this year.$76.7$69.4$7.21$2.95$2.80$0.15
2014Detailed filing. Detailed filing data is available for this year.$73.9$66.6$7.23$2.93$2.68$0.25
2013Detailed filing. Detailed filing data is available for this year.$69.1$61.9$7.12$3.04$2.87$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.5$61.0$6.55$2.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.0$55.4$6.59$2.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.4$54.6$6.76$3.24