Civic Intelligence

Canals & Trails Credit Union

990 • Fiscal year 2013 • EIN 36-2473242

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 28, 2014

Organization Profilewww.canals-trailscu.org

View Organization Page

201 East 9th Street60441

(815) 838-7159

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

24.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Net Margin

83rd percentile

14%

Higher net margin than 83% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

41st percentile

$64,179

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2013

Asset Growth

49th percentile

1.4%

Faster asset growth than 49% of similar nonprofits.

2013 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$19,540,803

Up $271,050 (+1.4%) from 2012

Net Assets

Up

$1,580,712

Up $108,039 (+7.3%) from 2012

Liabilities

Up

$17,960,091

Up $163,011 (+0.9%) from 2012

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin83rd percentile

Revenue

$747,663

No earlier filing loaded for comparison.

Expenses

Down

$639,624

Down $84,673 (-12%) from 2012

Net Income

$108,039

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$40M$30M$20M$10M$0Assets 2008: $14,197,076Liabilities 2008: $12,445,477Net Assets 2008: $1,751,5992008Assets 2010: $18,837,807Liabilities 2010: $17,338,098Net Assets 2010: $1,499,7092010Assets 2011: $18,592,487Liabilities 2011: $17,163,769Net Assets 2011: $1,428,7182011Assets 2012: $19,269,753Liabilities 2012: $17,797,080Net Assets 2012: $1,472,6732012Assets 2013: $19,540,803Liabilities 2013: $17,960,091Net Assets 2013: $1,580,7122013Assets 2014: $20,192,209Liabilities 2014: $18,453,702Net Assets 2014: $1,738,5072014Assets 2015: $21,417,826Liabilities 2015: $19,516,997Net Assets 2015: $1,900,8292015Assets 2016: $22,691,100Liabilities 2016: $20,660,236Net Assets 2016: $2,030,8642016Assets 2017: $22,778,160Liabilities 2017: $20,647,032Net Assets 2017: $2,131,1282017Assets 2018: $22,341,888Liabilities 2018: $20,081,382Net Assets 2018: $2,260,5062018Assets 2019: $23,607,367Liabilities 2019: $21,172,973Net Assets 2019: $2,434,3942019Assets 2020: $27,893,917Liabilities 2020: $25,342,314Net Assets 2020: $2,551,6032020Assets 2021: $36,670,160Liabilities 2021: $33,665,389Net Assets 2021: $3,004,7712021Assets 2022: $35,954,097Liabilities 2022: $32,859,307Net Assets 2022: $3,094,7902022Assets 2023: $33,387,211Liabilities 2023: $30,212,318Net Assets 2023: $3,174,8932023Assets 2024: $33,344,978Liabilities 2024: $30,057,117Net Assets 2024: $3,287,8612024

Highlighted filing

2013

Assets$19,540,803
Liabilities$17,960,091
Net Assets$1,580,712
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0Expenses 2008: $849,5712008Expenses 2010: $855,5492010Expenses 2011: $896,8662011Expenses 2012: $724,2972012Revenue 2013: $747,663Expenses 2013: $639,624Net Income 2013: $108,0392013Revenue 2014: $769,474Expenses 2014: $611,679Net Income 2014: $157,7952014Revenue 2015: $791,477Expenses 2015: $629,155Net Income 2015: $162,3222015Revenue 2016: $811,365Expenses 2016: $681,330Net Income 2016: $130,0352016Revenue 2017: $830,222Expenses 2017: $729,958Net Income 2017: $100,2642017Revenue 2018: $934,481Expenses 2018: $805,104Net Income 2018: $129,3772018Revenue 2019: $1,004,000Expenses 2019: $830,114Net Income 2019: $173,8862019Revenue 2020: $927,238Expenses 2020: $810,029Net Income 2020: $117,2092020Revenue 2021: $1,002,433Expenses 2021: $844,430Net Income 2021: $158,0032021Revenue 2022: $1,056,974Expenses 2022: $966,955Net Income 2022: $90,0192022Revenue 2023: $1,105,547Expenses 2023: $1,018,723Net Income 2023: $86,8242023Revenue 2024: $1,247,741Expenses 2024: $1,134,773Net Income 2024: $112,9682024

Highlighted filing

2013

Revenue$747,663
Expenses$639,624
Net Income$108,039
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 28, 2014
Return Version
2013v3.1
Gross Receipts
$747,663
Mission and Program Overview

Mission

Illinois state chartered credit union operated for the mutual benefit of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$9,205,000$9,445,000▲ $240,000
Other Notes and Loans Receivable, Net$9,048,017$9,306,488▲ $258,471
Rtn Earn Endowment Incm Other Fnds$1,472,673$1,580,712▲ $108,039
Savings and Temporary Cash Investments$319,559$177,339▼ $142,220
Cash and Non-Interest-Bearing Accounts$144,116$145,392▲ $1,276
Land, Buildings, and Equipment, Net$163,338$144,354▼ $18,984
Receivables From Officers Etc$125,440$56,291▼ $69,149
Prepaid Expenses and Deferred Charges$31,691$31,393▼ $298
Total Assets$19,269,753$19,540,803▲ $271,050
Other Assets Total$232,592$234,546▲ $1,954
Liabilities
Other Liabilities$17,769,230$17,928,632▲ $159,402
Accounts Payable and Accrued Expenses$27,850$31,459▲ $3,609
Total Liabilities$17,797,080$17,960,091▲ $163,011
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,472,673$1,580,712▲ $108,039
Total Liabilities and Net Assets / Fund Balance$19,269,753$19,540,803▲ $271,050

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,116$410,759$448,875
Buildings$88,330$89,385$177,715
Land$17,908-$17,908
Investment Program Related Org$9,415,000--
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet SchulerPresidentFT$61,652$2,527$64,179

Board Members and Trustees

NameTitle
David HennesseyChairman
Kent IrvinVice Chairman
Brenda PiryDirector
Gordon MccluskeyDirector
Max WoodsDirector
Mary Ann BaileySecretary
James GliwaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$609,361
Investment Income
$99,909
Other Revenue
$38,393
Change in Net Assets
$108,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$398,333
Salaries, Compensation, and Employee Benefits$234,956
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$146,585--$146,585
Office Expenses$103,268--$103,268
All Other Expenses$66,314--$66,314
Current Officers, Directors, Trustees, and Key Employees$64,180--$64,180
Occupancy$32,334--$32,334
Interest$28,461--$28,461
Depreciation Depletion$19,508--$19,508
Advertising$18,677--$18,677
Payroll Taxes$16,317--$16,317
Insurance$15,451--$15,451
Other Expenses$10,205--$10,205
Fees for Services Accounting$7,064--$7,064
Pension Plan Contributions$7,020--$7,020
Fees for Services Other$6,371--$6,371
Benefits to Members$6,335--$6,335
Travel$2,859--$2,859
Conferences and Meetings$2,458--$2,458
Fees for Service Investment Mgmnt Fees$1,170--$1,170
Other Employee Benefits$854--$854
Total Functional Expenses$639,624$0$0$639,624
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$125,440$56,291▼ $69,149
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares$10,712,127
Money Markets$2,514,787
Certificates of Deposit$1,623,218
Drafts$1,312,536
Ira Shares$961,155
Club Accounts$804,809
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Line 9

“Dave hennessey 2547 crystal drive joliet il 60435 max woods 527 rhonda drive lockport il 60441 mary ann bailey 211 mississippi ave. Joliet il 60433 brenda piry 18830 carrie court mokena il 60448 gordon mccluskey 821 janice avenue lockport il 60441 jim gliwa 43 lahinch drive lemont il 60439 kent irvin 17610 bicentennial dr. Elwood il 60421 janet schuler 705 vertin blvd. Shorewood il 60404”

Filing and Contact Details

Filer

EIN
36-2473242
Phone
8158387159

Signing Officer

Name
Janet Schuler
Title
President
Phone
8158387159
Signed
2014-03-28
Discuss with paid preparer
Yes

Organization Details

Formed
1956
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
7

Preparer

Preparer
Ray Suoranta
Phone
2198364930
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Each member of the credit union that maintains the minimum”

Pt VI, Line 6

“Balance in their share account is a shareholder.”

Pt VI, Line 7A

“Members participate in the election of the board of directors”

Pt VI, Line 7A

“AT THE ANNUAL MEETING.”

Pt VI, Line 11B

“The president of the credit union reviews 990 prior to filing.”

Pt VI, Line 15A

“The board reviews the ceo compensation survey guide when”

Pt VI, Line 15A

“Determining compensation.”

Pt XI

“The supervisory committee oversees the annual audit.”

Form 990, Part IX, Line 24F

“Other operating exp 42176. 42176. Cash over/short 101. 101. Miscellaneous 3974. 3974. Ncua premium 14456. 14456. Negative shares 5607. 5607.”

Raw XML AppendixShowing 400 of 454 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/ProgSrvcAccomActy2Grp/Desc0CREDIT UNION PAYS OUT DIVIDENDS TO ITS MEMBERS ON SHARE DEPOSIT ACCOUNTS AT A MARKET RATE OF INTEREST. TOTAL NUMBER OF SHARE ACCOUNTS AT 12/31/13 WERE 4,315 FOR A TOTAL OF $17,928,632. THE CREDIT UNION ALSO OFFERS CERTIFICATES OF DEPOSITS, IRA ACCOUNTS, CLUB ACCOUNTS, AND MONEY MARKET ACCOUNTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05225
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0131196
IRS990/PYOtherExpensesAmt0485652
IRS990/PYOtherRevenueAmt027247
IRS990/PYProgramServiceRevenueAmt0609809
IRS990/PYRevenuesLessExpensesAmt043955
IRS990/PYSalariesCompEmpBnftPaidAmt0233420
IRS990/PYTotalExpensesAmt0724297
IRS990/PYTotalRevenueAmt0768252
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0125440
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt056291
IRS990/ReconcilationRevenueExpnssAmt0108039
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01472673
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01580712
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0319559
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0177339
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt088330
IRS990ScheduleD/BuildingsGrp/DepreciationAmt089385
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0177715
IRS990ScheduleD/EquipmentGrp/BookValueAmt038116
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0410759
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0448875
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt030000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt19415000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ALLOYA PERMANENT CAPITAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CERTIFICATES OF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt017908
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017908
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010712127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1804809
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21312536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32514787
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41623218
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5961155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CLUB ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MONEY MARKETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5IRA SHARES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144354
IRS990ScheduleD/TotalBookValueProgramRltdAmt09445000
IRS990ScheduleD/TotalLiabilityAmt017928632
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt014665
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt19669
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt24272
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt32181
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt44880
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt520624
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd7X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1HE JOINT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2SIGNATURE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3OVERDRAFT LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4OVERDRAFT LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5SHARE PLEDGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt7HOME EQUITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt075000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt133000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt25000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt3300
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt58000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt65000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt723658
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DAVE HENNESSEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DAVE HENNESSEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2MARY ANN BAILEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3BRENDA PIRY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4GORDON MCCLUSKEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5KENT IRVIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6KENT IRVIN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm7JANET SCHULER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2SECRETARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5VICE-CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6VICE-CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt7PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd6true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd7true
IRS990ScheduleL/TotalBalanceDueAmt056291
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEMBER OF THE CREDIT UNION THAT MAINTAINS THE MINIMUM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BALANCE IN THEIR SHARE ACCOUNT IS A SHAREHOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS PARTICIPATE IN THE ELECTION OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT OF THE CREDIT UNION REVIEWS 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS THE CEO COMPENSATION SURVEY GUIDE WHEN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE SUPERVISORY COMMITTEE OVERSEES THE ANNUAL AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DAVE HENNESSEY 2547 CRYSTAL DRIVE JOLIET IL 60435 MAX WOODS 527 RHONDA DRIVE LOCKPORT IL 60441 MARY ANN BAILEY 211 MISSISSIPPI AVE. JOLIET IL 60433 BRENDA PIRY 18830 CARRIE COURT MOKENA IL 60448 GORDON MCCLUSKEY 821 JANICE AVENUE LOCKPORT IL 60441 JIM GLIWA 43 LAHINCH DRIVE LEMONT IL 60439 KENT IRVIN 17610 BICENTENNIAL DR. ELWOOD IL 60421 JANET SCHULER 705 VERTIN BLVD. SHOREWOOD IL 60404
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER OPERATING EXP 42176. 42176. CASH OVER/SHORT 101. 101. MISCELLANEOUS 3974. 3974. NCUA PREMIUM 14456. 14456. NEGATIVE SHARES 5607. 5607.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt019269753
IRS990/TotalAssetsEOYAmt019540803
IRS990/TotalAssetsGrp/BOYAmt019269753
IRS990/TotalAssetsGrp/EOYAmt019540803
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0639624
IRS990/TotalFunctionalExpensesGrp/TotalAmt0639624
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017797080

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,540,803
Liabilities
$17,960,091
Net assets
$1,580,712
Revenue
$747,663
Expenses
$639,624
Net income
$108,039
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.3$30.1$3.29$1.25$1.13$0.11
2023Detailed filing. Detailed filing data is available for this year.$33.4$30.2$3.17$1.11$1.02$0.09
2022Detailed filing. Detailed filing data is available for this year.$36.0$32.9$3.09$1.06$0.97$0.09
2021Detailed filing. Detailed filing data is available for this year.$36.7$33.7$3.00$1.00$0.84$0.16
2020Detailed filing. Detailed filing data is available for this year.$27.9$25.3$2.55$0.93$0.81$0.12
2019Detailed filing. Detailed filing data is available for this year.$23.6$21.2$2.43$1.00$0.83$0.17
2018Detailed filing. Detailed filing data is available for this year.$22.3$20.1$2.26$0.93$0.81$0.13
2017Detailed filing. Detailed filing data is available for this year.$22.8$20.6$2.13$0.83$0.73$0.10
2016Detailed filing. Detailed filing data is available for this year.$22.7$20.7$2.03$0.81$0.68$0.13
2015Detailed filing. Detailed filing data is available for this year.$21.4$19.5$1.90$0.79$0.63$0.16
2014Detailed filing. Detailed filing data is available for this year.$20.2$18.5$1.74$0.77$0.61$0.16
2013Detailed filing. Detailed filing data is available for this year.$19.5$18.0$1.58$0.75$0.64$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$17.8$1.47$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$17.2$1.43$0.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$17.3$1.50$0.86
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$12.4$1.75$0.85