Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
990 • Fiscal year 2014 • EIN 36-2424927
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
66th percentile
Higher debt load relative to assets than 66% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
42nd percentile
Higher net margin than 42% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Assets
Up$73,867,220
Up $4,805,009 (+7.0%) from 2013
Net Assets
Up$7,226,253
Up $108,643 (+1.5%) from 2013
Liabilities
Up$66,640,967
Up $4,696,366 (+7.6%) from 2013
Revenue
Down$2,930,200
Down $114,343 (-3.8%) from 2013
Expenses
Down$2,679,702
Down $189,126 (-6.6%) from 2013
Net Income
Up$250,498
Up $74,783 (+43%) from 2013
Commonwealth credit union, building lifelong relationships one member at a time.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $55,362,916 | $57,658,771 | ▲ $2,295,855 |
| Savings and Temporary Cash Investments | $8,200,136 | $10,935,403 | ▲ $2,735,267 |
| Rtn Earn Endowment Incm Other Fnds | $7,117,610 | $7,226,253 | ▲ $108,643 |
| Land, Buildings, and Equipment, Net | $2,100,977 | $1,893,323 | ▼ $207,654 |
| Cash and Non-Interest-Bearing Accounts | $799,324 | $840,336 | ▲ $41,012 |
| Prepaid Expenses and Deferred Charges | $851,978 | $764,534 | ▼ $87,444 |
| Accounts Receivable | $130,441 | $138,799 | ▲ $8,358 |
| Investments in Publicly Traded Securities | $6,761 | $5,601 | ▼ $1,160 |
| Total Assets | $69,062,211 | $73,867,220 | ▲ $4,805,009 |
| Other Assets Total | $1,609,678 | $1,630,453 | ▲ $20,775 |
| Liabilities | |||
| Other Liabilities | $61,797,597 | $66,404,299 | ▲ $4,606,702 |
| Accounts Payable and Accrued Expenses | $147,004 | $236,668 | ▲ $89,664 |
| Total Liabilities | $61,944,601 | $66,640,967 | ▲ $4,696,366 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $7,117,610 | $7,226,253 | ▲ $108,643 |
| Total Liabilities and Net Assets / Fund Balance | $69,062,211 | $73,867,220 | ▲ $4,805,009 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,156,864 | $917,633 | $2,074,497 |
| Equipment | $244,618 | $694,175 | $938,793 |
| Land | $491,841 | - | $491,841 |
| Name | Title | Base | Total |
|---|---|---|---|
| Raeann Love | President/ce | $101,036 | $101,036 |
| Name | Title |
|---|---|
| Kenneth Tousignant | Chairperson |
| John Brack Jr | Vice Chairpe |
| Carl Cavitt | Director |
| H Ralph Marquis | Director |
| Rick Manuel | Director |
| Betty Drechsel | Secretary |
| David Cagle | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,482,937 |
| Salaries, Compensation, and Employee Benefits | $1,196,765 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $909,044 |
| All Other Expenses | - | - | - | $245,998 |
| Interest | - | - | - | $166,593 |
| Information Technology | - | - | - | $157,947 |
| Office Expenses | - | - | - | $133,228 |
| Depreciation Depletion | - | - | - | $110,267 |
| Other Employee Benefits | - | - | - | $102,670 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $101,036 |
| Occupancy | - | - | - | $98,408 |
| Payroll Taxes | - | - | - | $84,355 |
| Other Expenses | - | - | - | $51,781 |
| Advertising | - | - | - | $47,517 |
| Fees for Services Accounting | - | - | - | $43,755 |
| Conferences and Meetings | - | - | - | $31,698 |
| Insurance | - | - | - | $18,436 |
| Fees for Services Legal | - | - | - | $6,557 |
| Travel | - | - | - | $3,500 |
| Pension Plan Contributions | - | - | - | $-340 |
| Total Functional Expenses | $0 | $0 | $0 | $2,679,702 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,679,702 |
| Total Expenses per Audited Statements | $2,679,702 |
| Total Expenses per Form 990 | $2,679,702 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Amount |
|---|---|
| Political Expenditures | $2,500 |
| Total Exempt Function Spending | $2,500 |
| Organization | Location | Amount |
|---|---|---|
| 36-3092340 | Naperville, IL | $2,500 |
| Liability | Amount |
|---|---|
| Member Share Accounts | $66,404,299 |
“The credit union is a state of illinois chartered credit union. Membership is open to anyone living in kankakee, ford, will or iroquois counties.”
“The governing body is made from individuals of the membership. The membership body elects individuals to be on the board.”
“Management reviews the 990 before signing.”
“The 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.”
“Compensation of top management officials includes a review and approval by independent persons, comparability data which is recorded in the minutes.”
“Governing documents are made available by means of a bulletin board at the credit union and at the annual meeting.”
“Line 5 - other changes in net assets other comprehensive income - net pension obligation”
“Other comprehensive income -141,763”
“NET PENSION OBLIGATION 0”
“Other comprehensive income -141,763”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 147004 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 236668 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 130441 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 138799 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | COMMONWEALTH CREDIT UNION, BUILDING LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 47517 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 245998 |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | RAEANN LOVE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8159377447 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 563 WM LATHAM DR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BOURBONNAIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60914 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 799324 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 840336 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 101036 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 31698 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 25126 |
| IRS990/CYOtherExpensesAmt | 0 | 1482937 |
| IRS990/CYOtherRevenueAmt | 0 | 74836 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2830238 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 250498 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1196765 |
| IRS990/CYTotalExpensesAmt | 0 | 2679702 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2930200 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 110267 |
| IRS990/Desc | 0 | COMMONWEALTH CREDIT UNION SERVES MEMBERS IN KANKAKEE, FORD, WILL AND IROQUOIS COUNTIES IN ILLINOIS BY PROVIDING LOW COST FINANCIAL SERVICES. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 31 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 43755 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 6557 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BETTY DRECHSEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KENNETH TOUSIGNANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAVID CAGLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN BRACK JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CARL CAVITT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RICK MANUEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | H RALPH MARQUIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RAEANN LOVE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 101036 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIRPE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT/CE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1951 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2930200 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 157947 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 18436 |
| IRS990/InterestGrp/TotalAmt | 0 | 166593 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 25126 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 25126 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 6761 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 5601 |
| IRS990/IRPDocumentCnt | 0 | 1191 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1611808 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2100977 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1893323 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3505131 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | true |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | COMMONWEALTH CREDIT UNION, BUILDING LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7117610 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7226253 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -92 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 98408 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 133228 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1609678 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1630453 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -141763 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 102670 |
| IRS990/OtherExpensesGrp/Desc | 0 | CREDIT/DEBIT CARD EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | OUTSIDE SERVICE - OTHER |
| IRS990/OtherExpensesGrp/Desc | 2 | LOAN PROCESSING |
| IRS990/OtherExpensesGrp/Desc | 3 | STMT PROCESSING |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 256143 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 57884 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 53225 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 51781 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 61797597 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 66404299 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 74836 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 74836 |
| IRS990/OtherRevenueTotalAmt | 0 | 74836 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 909044 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 55362916 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 57658771 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 84355 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | -340 |
| IRS990/PoliciesReferenceChaptersInd | 0 | true |
| IRS990/PoliticalCampaignActyInd | 0 | true |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 851978 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 764534 |
| IRS990/PrincipalOfficerNm | 0 | RAEANN LOVE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INTEREST |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2178826 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 651412 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2178826 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 651412 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 71264 |
| IRS990/PYOtherExpensesAmt | 0 | 1662163 |
| IRS990/PYOtherRevenueAmt | 0 | 148481 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2824798 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 175715 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1206665 |
| IRS990/PYTotalExpensesAmt | 0 | 2868828 |
| IRS990/PYTotalRevenueAmt | 0 | 3044543 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 250498 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 7117610 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 7226253 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8200136 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 10935403 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/Form1120POLFiledInd | 0 | true |
| IRS990ScheduleC/InternalFundsContributedAmt | 0 | 2500 |
| IRS990ScheduleC/PoliticalExpendituresAmt | 0 | 2500 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/EIN | 0 | 363092340 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt | 0 | CREDIT UNION POLITICAL ACTION COUNC |
| IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt | 0 | 2500 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt | 0 | 1807 WEST DIEHL ROAD |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine2Txt | 0 | PO BOX 3107 |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm | 0 | NAPERVILLE |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd | 0 | 605667107 |
| IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt | 0 | COMMONWEALTH CREDIT UNION IS A MEMBER OF CUPAC (CREDIT UNION POLITICAL ACTION COUNCIL). CONTRIBUTIONS ARE SENT TO CUPAC THAT ARE THEN USED INDIRECTLY FOR POLITICAL ACTIVITIES. |
| IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO CUPAC THAT IS REPORTED IN PARTS I-A AND I-C OF THIS SCHEDULE C. |
| IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE C, PART I-A, LINE 1 |
| IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE C, PART IV |
| IRS990ScheduleC/TotalExemptFunctionExpendAmt | 0 | 2500 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1156864 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 917633 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2074497 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 244618 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 694175 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 938793 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2679702 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 491841 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 491841 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -92 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 66404299 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MEMBER SHARE ACCOUNTS |
| IRS990ScheduleD/OtherRevenueAmt | 0 | -141763 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -141855 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2930200 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER COMPREHENSIVE INCOME -141,763 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1893323 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2679702 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 66404299 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2930200 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2788345 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2679702 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CREDIT UNION IS A STATE OF ILLINOIS CHARTERED CREDIT UNION. MEMBERSHIP IS OPEN TO ANYONE LIVING IN KANKAKEE, FORD, WILL OR IROQUOIS COUNTIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE GOVERNING BODY IS MADE FROM INDIVIDUALS OF THE MEMBERSHIP. THE MEMBERSHIP BODY ELECTS INDIVIDUALS TO BE ON THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MANAGEMENT REVIEWS THE 990 BEFORE SIGNING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE 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/SupplementalInformationDetail/ExplanationTxt | 4 | COMPENSATION OF TOP MANAGEMENT OFFICIALS INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA WHICH IS RECORDED IN THE MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS ARE MADE AVAILABLE BY MEANS OF A BULLETIN BOARD AT THE CREDIT UNION AND AT THE ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | LINE 5 - OTHER CHANGES IN NET ASSETS OTHER COMPREHENSIVE INCOME - NET PENSION OBLIGATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | OTHER COMPREHENSIVE INCOME -141,763 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | NET PENSION OBLIGATION 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 69062211 |
| IRS990/TotalAssetsEOYAmt | 0 | 73867220 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 69062211 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 73867220 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 31 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2679702 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 61944601 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 66640967 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 61944601 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 66640967 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 7117610 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 7226253 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2830238 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 101036 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 25126 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2905074 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2930200 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 69062211 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 73867220 |
| IRS990/TravelGrp/TotalAmt | 0 | 3500 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 563 WM LATHAM |
| IRS990/USAddress/CityNm | 0 | BOURBONNAIS |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60914 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://CWCU.COOP/ASP/HOME.ASP |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RAEANN LOVE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8159377447 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | COMMONWEALTH CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COMM |
| ReturnHeader/Filer/EIN | 0 | 362424927 |
| ReturnHeader/Filer/PhoneNum | 0 | 8159377447 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 380 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BOURBONNAIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60914 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 362830852 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SMITH KOELLING DYKSTRA & OHM PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1605 N CONVENT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BOURBONNAIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60914 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8159371997 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARCIE MEENTS KOLBERG |
| ReturnHeader/ReturnTs | 0 | 2015-05-14T11:05:36-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.