Civic Intelligence

Riverside Community Credit Union

EIN 36-2889811 • 501(c)14 • Kankakee, IL

View Organization Page

Profile

Riverside Credit Union is committed to providing quality financial services while keeping with the "people helping people" philosophy.

185 N Fraser AvenueKankakee, IL 60901

www.riversidecu.com

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.91x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

22.20x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2022

Net Margin

87th percentile

24%

Higher net margin than 87% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

45th percentile

-0.9%

Faster asset growth than 45% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$42,937,211

Down $403,475 (-0.9%) from 2021

Liabilities

Down

$39,232,024

Down $826,142 (-2.1%) from 2021

Net Assets

Up

$3,705,187

Up $422,667 (+13%) from 2021

Operations
Liabilities / Revenue73rd percentileNet Margin87th percentile

Revenue

Up

$1,767,244

Up $275,755 (+18%) from 2021

Expenses

Up

$1,344,577

Up $4,345 (+0.3%) from 2021

Net Income

Up

$422,667

Up $271,410 (+179%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$60M$40M$20M$0Assets 2010: $27,797,606Liabilities 2010: $25,592,737Net Assets 2010: $2,204,8692010Assets 2012: $25,614,762Liabilities 2012: $23,398,476Net Assets 2012: $2,216,2862012Assets 2013: $26,177,961Liabilities 2013: $23,930,495Net Assets 2013: $2,247,4662013Assets 2014: $26,687,399Liabilities 2014: $24,341,817Net Assets 2014: $2,345,5822014Assets 2015: $28,596,295Liabilities 2015: $26,184,332Net Assets 2015: $2,411,9632015Assets 2016: $28,852,023Liabilities 2016: $26,330,583Net Assets 2016: $2,521,4402016Assets 2017: $30,402,517Liabilities 2017: $27,749,046Net Assets 2017: $2,653,4712017Assets 2018: $31,007,516Liabilities 2018: $28,129,219Net Assets 2018: $2,878,2972018Assets 2019: $31,869,516Liabilities 2019: $28,867,752Net Assets 2019: $3,001,7642019Assets 2020: $38,799,156Liabilities 2020: $35,667,893Net Assets 2020: $3,131,2632020Assets 2021: $43,340,686Liabilities 2021: $40,058,166Net Assets 2021: $3,282,5202021Assets 2022: $42,937,211Liabilities 2022: $39,232,024Net Assets 2022: $3,705,1872022

Highlighted filing

2022

Assets$42,937,211
Liabilities$39,232,024
Net Assets$3,705,187
Open 2022 Filing

Operations Trend

Revenue Growth71st percentile

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $1,364,7112010Expenses 2012: $1,277,2502012Revenue 2013: $1,137,535Expenses 2013: $1,106,355Net Income 2013: $31,1802013Revenue 2014: $1,202,349Expenses 2014: $1,104,233Net Income 2014: $98,1162014Revenue 2015: $1,206,405Expenses 2015: $1,140,024Net Income 2015: $66,3812015Revenue 2016: $1,267,475Expenses 2016: $1,157,998Net Income 2016: $109,4772016Revenue 2017: $1,333,751Expenses 2017: $1,201,720Net Income 2017: $132,0312017Revenue 2018: $1,498,846Expenses 2018: $1,274,020Net Income 2018: $224,8262018Revenue 2019: $1,561,777Expenses 2019: $1,438,310Net Income 2019: $123,4672019Revenue 2020: $1,470,704Expenses 2020: $1,341,205Net Income 2020: $129,4992020Revenue 2021: $1,491,489Expenses 2021: $1,340,232Net Income 2021: $151,2572021Revenue 2022: $1,767,244Expenses 2022: $1,344,577Net Income 2022: $422,6672022

Highlighted filing

2022

Revenue$1,767,244
Expenses$1,344,577
Net Income$422,667
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$42,937,211
Liabilities
$39,232,024
Net assets
$3,705,187
Revenue
$1,767,244
Expenses
$1,344,577
Net income
$422,667
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.9$39.2$3.71$1.77$1.34$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.3$40.1$3.28$1.49$1.34$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.8$35.7$3.13$1.47$1.34$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.9$28.9$3.00$1.56$1.44$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.0$28.1$2.88$1.50$1.27$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$27.7$2.65$1.33$1.20$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$26.3$2.52$1.27$1.16$0.11
2015Detailed filing. Detailed filing data is available for this year.$28.6$26.2$2.41$1.21$1.14$0.07
2014Detailed filing. Detailed filing data is available for this year.$26.7$24.3$2.35$1.20$1.10$0.10
2013Detailed filing. Detailed filing data is available for this year.$26.2$23.9$2.25$1.14$1.11$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$23.4$2.22$1.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$25.6$2.20$1.36
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 25, 2022
Return Version
2021v4.1
Gross Receipts
$1,491,489
Mission and Program Overview

Mission

Riverside Credit Union is committed to providing quality financial services while keeping with the "people helping people" philosophy.

State chartered credit union providing quality financial services

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,614,038$15,589,000▲ $974,962
Other Notes and Loans Receivable, Net$15,416,468$13,607,648▼ $1,808,820
Savings and Temporary Cash Investments$6,221,053$11,569,172▲ $5,348,119
Rtn Earn Endowment Incm Other Fnds$3,131,263$3,282,520▲ $151,257
Land, Buildings, and Equipment, Net$1,270,847$1,250,735▼ $20,112
Cash and Non-Interest-Bearing Accounts$669,590$664,910▼ $4,680
Prepaid Expenses and Deferred Charges$185,367$192,408▲ $7,041
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$38,799,156$43,340,686▲ $4,541,530
Other Assets Total$421,793$466,813▲ $45,020
Liabilities
Other Liabilities$35,499,093$39,886,062▲ $4,386,969
Accounts Payable and Accrued Expenses$168,800$172,104▲ $3,304
Total Liabilities$35,667,893$40,058,166▲ $4,390,273
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,131,263$3,282,520▲ $151,257
Total Liabilities and Net Assets / Fund Balance$38,799,156$43,340,686▲ $4,541,530

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$744,041$740,680$1,484,721
Land$468,140-$468,140
Other Land Buildings$38,554$209,144$247,698
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa BaystonCo-CEOFT$76,457$2,126$78,583
Stacey ShrefflerCo-CEOFT$62,789$6,241$69,030

Board Members and Trustees

NameTitle
Dale TollyChairman
Vern MitchellVice Chairman
Janet FrancoeurAssociate Board Member
Rosie WilliamsBoard member
William ThompsonBoard member
Ron RudaSecretary
Dick DiepeveenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,211,269
Investment Income
$274,220
Other Revenue
$6,000
Change in Net Assets
$151,257

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,491,489
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,491,489
Total Revenue per Form 990
$1,491,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$865,969
Salaries, Compensation, and Employee Benefits$474,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$379,599
Other Salaries and Wages---$259,479
Current Officers, Directors, Trustees, and Key Employees---$147,613
Information Technology---$93,491
Occupancy---$79,250
Advertising---$67,880
Depreciation Depletion---$50,182
Payroll Taxes---$33,232
Other Employee Benefits---$24,956
Fees for Services Accounting---$24,392
Insurance---$17,483
Pension Plan Contributions---$8,983
Conferences and Meetings---$7,526
Other Expenses---$3,884
Fees for Services Other---$1,796
Interest---$22
Total Functional Expenses$0$0$0$1,340,232

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,340,232
Total Expenses per Audited Statements$1,340,232
Total Expenses per Form 990$1,340,232
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member shares$39,886,062
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Organization's membership consists of individuals with funds on deposit with the Credit Union.”

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

“The membership participates in the annual meeting of the members and the election of the Board of Directors.”

Form 990, Part VI, Section A, line 7B

“The bylaws of the Credit Union may be amended by a majority vote of the members at any annual meeting or at a special meeting called for this purpose.”

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

“The Form 990 was provided to the Board of Directors prior to filing.”

Form 990, Part VI, Section B, line 12C

“Board members and employees are encouraged to report conflicts as they occur.”

Form 990, Part VI, Section C, line 19

“Governing documents and financial statements made available upon request”

Filing and Contact Details

Filer

Filer Name
Riverside Community Credit Union
EIN
36-2889811
Phone
8159331101
Address
185 N Fraser Avenue, Kankakee, IL 60901

Signing Officer

Name
Melissa Bayston
Title
Co-CEO
Phone
8159331101
Signed
2022-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Bayston
Formed
1976
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
7

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Ave, Chicago, IL 60643
Preparer
Jason L Gierhahn
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“PART X, #2. FIN 48 note from Audited Financial Statements Riverside Community Credit Union was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(14). The tax exempt purpose of the Credit Union and the nature in which it operates is described above. Management believes the Credit Union continues to operate in compliance with its tax exempt purpose. The Credit Union had no unrelated business income in 2021 and 2020 that management believes is subject to taxation. The Credit Union's annual information returns are filed with the federal and state governments are subject to examination for three years after they are filed.”

Raw XML Appendix382 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0168800
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0172104
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0State chartered credit union providing quality financial services
IRS990/AdvertisingGrp/TotalAmt067880
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Melissa Bayston
IRS990/BooksInCareOfDetail/PhoneNum08159331101
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0185 N Fraser
IRS990/BooksInCareOfDetail/USAddress/CityNm0Kankakee
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060901
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0669590
IRS990/CashNonInterestBearingGrp/EOYAmt0664910
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0147613
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt07526
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0274220
IRS990/CYOtherExpensesAmt0865969
IRS990/CYOtherRevenueAmt06000
IRS990/CYProgramServiceRevenueAmt01211269
IRS990/CYRevenuesLessExpensesAmt0151257
IRS990/CYSalariesCompEmpBnftPaidAmt0474263
IRS990/CYTotalExpensesAmt01340232
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01491489
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt050182
IRS990/Desc0Credit Union makes and services consumer loans to members. Total number of loans outstanding, including Visa accounts at 12/31/21 was 1,241 for a total of $13,670,170.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt024392
IRS990/FeesForServicesOtherGrp/TotalAmt01796
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt72126
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt86241
IRS990/Form990PartVIISectionAGrp/PersonNm0Dale Tolly
IRS990/Form990PartVIISectionAGrp/PersonNm1Vern Mitchell
IRS990/Form990PartVIISectionAGrp/PersonNm2Dick Diepeveen
IRS990/Form990PartVIISectionAGrp/PersonNm3Ron Ruda
IRS990/Form990PartVIISectionAGrp/PersonNm4Janet Francoeur
IRS990/Form990PartVIISectionAGrp/PersonNm5Rosie Williams
IRS990/Form990PartVIISectionAGrp/PersonNm6William Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm7Melissa Bayston
IRS990/Form990PartVIISectionAGrp/PersonNm8Stacey Shreffler
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt776457
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt862789
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Associate Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Co-CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8Co-CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01491489
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt093491
IRS990/InsuranceGrp/TotalAmt017483
IRS990/InterestGrp/TotalAmt022
IRS990/InvestmentIncomeGrp/ExclusionAmt0274220
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0274220
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014614038
IRS990/InvestmentsPubTradedSecGrp/EOYAmt015589000
IRS990/IRPDocumentCnt0945
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0949824
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01270847
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01250735
IRS990/LandBldgEquipCostOrOtherBssAmt02200559
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Riverside Credit Union is committed to providing quality financial services while keeping with the "people helping people" philosophy.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03131263
IRS990/NetAssetsOrFundBalancesEOYAmt03282520
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt079250
IRS990/OfficeExpensesGrp/TotalAmt0379599
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0421793
IRS990/OtherAssetsTotalGrp/EOYAmt0466813
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024956
IRS990/OtherExpensesGrp/Desc0Member dividends
IRS990/OtherExpensesGrp/Desc1Loan servicing
IRS990/OtherExpensesGrp/Desc2Association Dues
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/TotalAmt094420
IRS990/OtherExpensesGrp/TotalAmt133924
IRS990/OtherExpensesGrp/TotalAmt212120
IRS990/OtherExpensesGrp/TotalAmt33884
IRS990/OtherLiabilitiesGrp/BOYAmt035499093
IRS990/OtherLiabilitiesGrp/EOYAmt039886062
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0Loan loss recovery
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06000
IRS990/OtherRevenueTotalAmt06000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0259479
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt015416468
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt013607648
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt033232
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt08983
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0185367
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0192408
IRS990/PrincipalOfficerNm0Melissa Bayston
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0Interest-member loans
IRS990/ProgramServiceRevenueGrp/Desc1Fees & service charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0725502
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1465657
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0725502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1485767
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt020110
IRS990/ProgSrvcAccomActy2Grp/Desc0Credit Union pays out dividends to its members share deposit accounts at a market rate of interest. Total number of share accounts at 12/31/2021 was 6,672 for a total of $39,886,062.
IRS990/ProgSrvcAccomActy3Grp/Desc0Other financial services provided to over 4,000 members.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0290541
IRS990/PYOtherExpensesAmt0897858
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01180163
IRS990/PYRevenuesLessExpensesAmt0129499
IRS990/PYSalariesCompEmpBnftPaidAmt0443347
IRS990/PYTotalExpensesAmt01341205
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01470704
IRS990/ReconcilationRevenueExpnssAmt0151257
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03131263
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03282520
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06221053
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011569172
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0744041
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0740680
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01484721
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01340232
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0468140
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0468140
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038554
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0209144
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0247698
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039886062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Member shares
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01491489
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, #2. FIN 48 note from Audited Financial Statements Riverside Community Credit Union was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(14). The tax exempt purpose of the Credit Union and the nature in which it operates is described above. Management believes the Credit Union continues to operate in compliance with its tax exempt purpose. The Credit Union had no unrelated business income in 2021 and 2020 that management believes is subject to taxation. The Credit Union's annual information returns are filed with the federal and state governments are subject to examination for three years after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01250735
IRS990ScheduleD/TotalExpensesPerForm990Amt01340232
IRS990ScheduleD/TotalLiabilityAmt039886062
IRS990ScheduleD/TotalRevenuePerForm990Amt01491489
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01491489
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01340232
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization's membership consists of individuals with funds on deposit with the Credit Union.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The membership participates in the annual meeting of the members and the election of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The bylaws of the Credit Union may be amended by a majority vote of the members at any annual meeting or at a special meeting called for this purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 was provided to the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board members and employees are encouraged to report conflicts as they occur.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents and financial statements made available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt038799156
IRS990/TotalAssetsEOYAmt043340686
IRS990/TotalAssetsGrp/BOYAmt038799156
IRS990/TotalAssetsGrp/EOYAmt043340686
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/TotalAmt01340232
IRS990/TotalGrossUBIAmt020110
IRS990/TotalLiabilitiesBOYAmt035667893
IRS990/TotalLiabilitiesEOYAmt040058166
IRS990/TotalLiabilitiesGrp/BOYAmt035667893
IRS990/TotalLiabilitiesGrp/EOYAmt040058166
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03131263
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03282520
IRS990/TotalOtherCompensationAmt08367
IRS990/TotalProgramServiceRevenueAmt01211269
IRS990/TotalReportableCompFromOrgAmt0139246
IRS990/TotalRevenueGrp/ExclusionAmt0274220
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01197159
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01491489
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt020110
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038799156
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt043340686
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0185 N Fraser Avenue
IRS990/USAddress/CityNm0Kankakee
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060901
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.riversidecu.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Melissa Bayston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Co-CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08159331101
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Riverside Community Credit Union
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0362889811
ReturnHeader/Filer/PhoneNum08159331101
ReturnHeader/Filer/USAddress/AddressLine1Txt0185 N Fraser Avenue
ReturnHeader/Filer/USAddress/CityNm0Kankakee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060901
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363321958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Desmond & Ahern Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010827 S Western Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060643
ReturnHeader/PreparerPersonGrp/PhoneNum07737794720
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jason L Gierhahn
ReturnHeader/ReturnTs02022-02-25T16:38:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Melissa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Bayston
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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