Civic Intelligence

Leyden Credit Union

EIN 36-2443815 • 501(c)14 • Franklin Park, IL

Profile

Working to improve our members financial well being

PO Box 236Franklin Park, IL 60131-0236

www.leydencu.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$500k-$1M nonprofits • Source year 2021

Net Margin

56th percentile

7.5%

Higher net margin than 56% of similar nonprofits.

$500k-$1M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$63,431

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

$500k-$1M nonprofits • Source year 2021

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-58%

Faster revenue growth than 5% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$97,555,124

Up $12,376,347 (+15%) from 2018

Liabilities

Up

$89,134,620

Up $11,415,463 (+15%) from 2018

Net Assets

Up

$8,420,504

Up $960,884 (+13%) from 2018

Revenue

Down

$2,212,422

Down $501,374 (-18%) from 2018

Expenses

Down

$2,138,821

Down $14,285 (-0.7%) from 2018

Net Income

Down

$73,601

Down $487,089 (-87%) from 2018

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $63,140,867Liabilities 2010: $56,584,424Net Assets 2010: $6,556,4432010Assets 2011: $69,057,919Liabilities 2011: $62,563,453Net Assets 2011: $6,494,4662011Assets 2012: $72,575,417Liabilities 2012: $66,054,690Net Assets 2012: $6,520,7272012Assets 2013: $74,738,419Liabilities 2013: $68,265,595Net Assets 2013: $6,472,8242013Assets 2014: $74,643,907Liabilities 2014: $68,059,037Net Assets 2014: $6,584,8702014Assets 2015: $80,900,872Liabilities 2015: $74,149,528Net Assets 2015: $6,751,3442015Assets 2016: $84,134,210Liabilities 2016: $77,185,548Net Assets 2016: $6,948,6622016Assets 2017: $84,597,505Liabilities 2017: $77,618,181Net Assets 2017: $6,979,3242017Assets 2018: $85,178,777Liabilities 2018: $77,719,157Net Assets 2018: $7,459,6202018Assets 2020: $97,555,124Liabilities 2020: $89,134,620Net Assets 2020: $8,420,5042020

Highlighted filing

2020

Assets$97,555,124
Liabilities$89,134,620
Net Assets$8,420,504

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $3,102,5372010Expenses 2011: $2,819,1172011Expenses 2012: $2,332,6182012Revenue 2013: $2,141,699Expenses 2013: $2,089,299Net Income 2013: $52,4002013Revenue 2014: $2,055,859Expenses 2014: $1,945,834Net Income 2014: $110,0252014Revenue 2015: $2,152,802Expenses 2015: $1,906,927Net Income 2015: $245,8752015Revenue 2016: $2,271,798Expenses 2016: $1,986,273Net Income 2016: $285,5252016Revenue 2017: $2,367,069Expenses 2017: $2,062,602Net Income 2017: $304,4672017Revenue 2018: $2,713,796Expenses 2018: $2,153,106Net Income 2018: $560,6902018Revenue 2020: $2,212,422Expenses 2020: $2,138,821Net Income 2020: $73,6012020

Highlighted filing

2020

Revenue$2,212,422
Expenses$2,138,821
Net Income$73,601

Filings

Latest Detailed Filing

The latest 2020 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 1, 2015
Return Version
2014v5.0
Gross Receipts
$2,055,859
Mission and Program Overview

Mission

Working to improve our members financial well being by providing loans, savings accounts and other financial institution services in a friendly and professional manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$25,580,709$24,121,319▼ $1,459,390
Other Notes and Loans Receivable, Net$24,786,047$23,909,470▼ $876,577
Investments in Publicly Traded Securities$20,303,349$22,399,576▲ $2,096,227
Rtn Earn Endowment Incm Other Fnds$6,472,824$6,584,870▲ $112,046
Land, Buildings, and Equipment, Net$2,555,075$2,577,065▲ $21,990
Cash and Non-Interest-Bearing Accounts$535,705$612,000▲ $76,295
Prepaid Expenses and Deferred Charges$31,698$66,504▲ $34,806
Accounts Receivable$1,006$370▼ $636
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$74,738,419$74,643,907▼ $94,512
Other Assets Total$944,830$957,603▲ $12,773
Liabilities
Other Liabilities$67,778,105$67,639,884▼ $138,221
Accounts Payable and Accrued Expenses$353,615$286,662▼ $66,953
Escrow Account Liability$133,875$132,491▼ $1,384
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$68,265,595$68,059,037▼ $206,558
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,472,824$6,584,870▲ $112,046
Total Liabilities and Net Assets / Fund Balance$74,738,419$74,643,907▼ $94,512

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,667,880$718,698$0
Other Land Buildings$3,974$53,987$0
Land$778,175-$0
Equipment$118,292$490,644$0
Leasehold Improvements$8,744$33,305$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David LukasPresident / CEOFT$89,063$13,775$102,838

Board Members and Trustees

NameTitle
Robert HjelmgrenChairman
Ann Marie ScurtoBoard Member
Carole KonetzkiBoard Member
Dave OlsonBoard Member
Eugene Mc CormackBoard Member
George DuffyBoard Member
Gloria MurawskiBoard Member
Joseph ThomasBoard Member
Marlene RicchioBoard Member
Valerie IgnoffoBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,643,202
Investment Income
$412,657
Other Revenue
$0
Change in Net Assets
$110,025

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,055,859
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,055,859
Total Revenue per Form 990
$2,055,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,149,461
Salaries, Compensation, and Employee Benefits$796,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$543,007
Occupancy---$285,871
Office Expenses---$256,562
Depreciation Depletion---$105,697
Current Officers, Directors, Trustees, and Key Employees---$89,063
Other Expenses---$86,656
All Other Expenses---$73,580
Other Employee Benefits---$58,523
Advertising---$55,002
Pension Plan Contributions---$53,064
Payroll Taxes---$52,716
Information Technology---$48,473
Fees for Services Accounting---$28,060
Insurance---$24,186
Conferences and Meetings---$19,922
Payments to Affiliates---$16,345
Fees for Services Legal---$11,488
Total Functional Expenses$0$0$0$1,945,834

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,945,834
Total Expenses per Audited Statements$1,945,834
Total Expenses per Form 990$1,945,834
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 Shares$67,639,884
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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

Governance Explanations

Form 990, Part VI, Section A, Line 6

We have members, each member is required to maintain a minimum $25 savings account.

Form 990, Part VI, Section A, Line 7A

Each member is entitled to vote for our Board of Directors, members elect Board of Directors at our Annual Meeting.

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

The Accounting Manager completed the return using Audited Financial Statements.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Leyden Credit Union
EIN
36-2443815
Phone
8474558440
Address
PO BOX 236, FRANKLIN PARK, IL 60131-0236

Signing Officer

Name
David Lukas
Title
President / CEO
Phone
8474558440
Signed
2015-05-01

Organization Details

Principal Officer
David Lukas
Formed
1955
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
24
Volunteers
10
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized loss on post-retirement health plan 2014 $(10,555)

Financial Statement Notes

Schedule D, Part IV, Line 2B

Escrow accounts are maintained for Members with certain mortages and home equity loans for real estate taxes, home owner's flood insurance premium payments as they become due. Leyden Credit Union processes these payments from the escrow account balances.

Raw XML AppendixShowing 400 of 505 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.

Path#Value
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