Civic Intelligence

Tee-Pak Credit Union

990 • Fiscal year 2016 • EIN 36-6054546

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 28, 2017

Organization ProfileN/A
1035 E Main StreetDanville, IL 61832

(217) 477-4428

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.81x

Higher debt load relative to assets than 23% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

15.65x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Net Margin

78th percentile

14%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$86,581

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Source year 2016

Asset Growth

58th percentile

2.8%

Faster asset growth than 58% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

2.8%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)14 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$18,776,487

Up $503,695 (+2.8%) from 2015

Net Assets

Up

$3,558,341

Up $139,819 (+4.1%) from 2015

Liabilities

Up

$15,218,146

Up $363,876 (+2.4%) from 2015

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin78th percentile

Revenue

Up

$972,647

Up $26,325 (+2.8%) from 2015

Expenses

Up

$832,828

Up $30,552 (+3.8%) from 2015

Net Income

Down

$139,819

Down $4,227 (-2.9%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$30M$20M$10M$0Assets 2010: $14,531,745Liabilities 2010: $11,813,519Net Assets 2010: $2,718,2262010Assets 2011: $16,235,262Liabilities 2011: $13,401,069Net Assets 2011: $2,834,1932011Assets 2012: $16,929,634Liabilities 2012: $13,974,506Net Assets 2012: $2,955,1282012Assets 2013: $16,948,740Liabilities 2013: $13,847,829Net Assets 2013: $3,100,9112013Assets 2014: $18,092,264Liabilities 2014: $14,817,788Net Assets 2014: $3,274,4762014Assets 2015: $18,272,792Liabilities 2015: $14,854,270Net Assets 2015: $3,418,5222015Assets 2016: $18,776,487Liabilities 2016: $15,218,146Net Assets 2016: $3,558,3412016Assets 2017: $19,382,438Liabilities 2017: $15,735,671Net Assets 2017: $3,646,7672017Assets 2018: $19,306,613Liabilities 2018: $15,501,077Net Assets 2018: $3,805,5362018Assets 2019: $20,696,158Liabilities 2019: $16,760,872Net Assets 2019: $3,935,2862019Assets 2020: $21,742,518Liabilities 2020: $17,784,026Net Assets 2020: $3,958,4922020Assets 2021: $22,667,971Liabilities 2021: $18,624,835Net Assets 2021: $4,043,1362021Assets 2022: $22,888,887Liabilities 2022: $18,925,718Net Assets 2022: $3,963,1692022Assets 2023: $24,559,295Liabilities 2023: $20,622,632Net Assets 2023: $3,936,6632023Assets 2024: $25,481,796Liabilities 2024: $21,756,161Net Assets 2024: $3,725,6352024

Highlighted filing

2016

Assets$18,776,487
Liabilities$15,218,146
Net Assets$3,558,341
Open 2016 Filing

Operations Trend

Revenue Growth52nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $809,6992010Expenses 2011: $817,1952011Expenses 2012: $834,9262012Revenue 2013: $977,057Expenses 2013: $831,274Net Income 2013: $145,7832013Revenue 2014: $967,458Expenses 2014: $793,893Net Income 2014: $173,5652014Revenue 2015: $946,322Expenses 2015: $802,276Net Income 2015: $144,0462015Revenue 2016: $972,647Expenses 2016: $832,828Net Income 2016: $139,8192016Revenue 2017: $941,846Expenses 2017: $853,420Net Income 2017: $88,4262017Revenue 2018: $993,667Expenses 2018: $834,898Net Income 2018: $158,7692018Revenue 2019: $1,042,415Expenses 2019: $912,665Net Income 2019: $129,7502019Revenue 2020: $953,597Expenses 2020: $930,391Net Income 2020: $23,2062020Revenue 2021: $1,027,236Expenses 2021: $942,592Net Income 2021: $84,6442021Revenue 2022: $1,016,883Expenses 2022: $1,091,226Net Income 2022: -$74,3432022Revenue 2023: $1,416,954Expenses 2023: $1,302,928Net Income 2023: $114,0262023Revenue 2024: $1,438,747Expenses 2024: $1,649,775Net Income 2024: -$211,0282024

Highlighted filing

2016

Revenue$972,647
Expenses$832,828
Net Income$139,819
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 28, 2017
Return Version
2016v3.0
Gross Receipts
$972,647
Mission and Program Overview

Mission

The credit union is a member owned,

The credit union is a member owned, not-for-profit financial institution committed to providing quality services and programs to meet the individual needs of members while preserving the financial stability and security of the organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$11,058,559$10,695,933▼ $362,626
Savings and Temporary Cash Investments$2,858,729$4,869,370▲ $2,010,641
Rtn Earn Endowment Incm Other Fnds$3,418,522$3,558,341▲ $139,819
Investments in Publicly Traded Securities$3,198,000$1,895,000▼ $1,303,000
Cash and Non-Interest-Bearing Accounts$548,196$695,444▲ $147,248
Land, Buildings, and Equipment, Net$336,105$375,697▲ $39,592
Prepaid Expenses and Deferred Charges$75,832$42,552▼ $33,280
Total Assets$18,272,792$18,776,487▲ $503,695
Other Assets Total$197,371$202,491▲ $5,120
Liabilities
Other Liabilities$14,807,798$15,179,247▲ $371,449
Accounts Payable and Accrued Expenses$46,472$38,899▼ $7,573
Total Liabilities$14,854,270$15,218,146▲ $363,876
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,418,522$3,558,341▲ $139,819
Total Liabilities and Net Assets / Fund Balance$18,272,792$18,776,487▲ $503,695

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$214,817$138,768$353,585
Equipment$71,744$160,330$232,074
Land$45,729-$45,729
Other Land Buildings$43,407-$43,407
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin KennedyManagerFT$75,241$11,340$86,581

Board Members and Trustees

NameTitle
Carol CoursonChairperson
Robert ForemanVice-chairperson
Dallas PonderDirector
Karla WilsonDirector
Kenneth GentrupDirector
Rosemary WheelerDirector
Scott CoffeyDirector
Jacqueline GummSecretary
Mark NiedenthalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$920,421
Investment Income
$52,226
Other Revenue
$0
Change in Net Assets
$139,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$972,647
Total Revenue per Audited Statements
$972,647
Total Revenue per Form 990
$972,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$546,900
Salaries, Compensation, and Employee Benefits$285,928
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$159,185
Office Expenses---$107,587
Current Officers, Directors, Trustees, and Key Employees---$86,581
Occupancy---$40,710
Depreciation Depletion---$33,669
Payroll Taxes---$22,710
Insurance---$20,499
Other Employee Benefits---$14,155
Fees for Services Other---$11,767
All Other Expenses---$11,442
Fees for Services Accounting---$10,650
Other Expenses---$9,690
Advertising---$3,695
Pension Plan Contributions---$3,297
Travel---$3,182
Conferences and Meetings---$3,122
Total Functional Expenses$0$0$0$832,828

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$832,828
Total Expenses per Audited Statements$832,828
Total Expenses per Form 990$832,828
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
MEMBERS' SHARES AND SAVINGS ACCOUNT$15,179,247
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
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
Filing and Contact Details

Filer

Filer Name
Tee-pak Credit Union
EIN
36-6054546
Phone
2174774428
Address
1035 E MAIN STREET, DANVILLE, IL 61832

Signing Officer

Name
Kevin Kennedy
Title
President
Phone
2174774428
Signed
2017-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Kennedy
Formed
1949
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
9

Preparer

Firm
Lmhn Ltd
Address
900 N Webster St PO Box 87, Taylorville, IL 62568
Preparer
Richard K Hooper
Phone
2178249661
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The credit union is a member owned financial institution.”

Pt VI, Line 7A

“The governing body is elected from and by the membership”

Pt VI, Line 7A

“ANNUALLY.”

Pt VI, Line 7B

“From time to time, certain decisions will be presented”

Pt VI, Line 7B

“For a vote, which are determined on a case by case basis.”

Pt VI, Line 11B

“Copies of the final form 990 and schedules were made”

Pt VI, Line 11B

“Available to each board member prior to being filed with”

Pt VI, Line 11B

“With the irs. Board members were asked to review the”

Pt VI, Line 11B

“Return individually and to contact the return preparer,”

Pt VI, Line 11B

“Other board members, or executive officers with any”

Pt VI, Line 11B

“QUESTIONS OR CONCERNS.”

Pt VI, Line 12C

“The credit union enforces the conflict of interest policy”

Pt VI, Line 12C

“Through review of the policy and awareness.”

Pt VI, Line 19

“The credit union's governing documents, conflict of”

Pt VI, Line 19

“Interest policy and financial statements are available to”

Pt VI, Line 19

“THE PUBLIC UPON REQUEST.”

Form 990, Part IX, Line 24E

“IDFPR 8633.”

Form 990, Part IX, Line 24E

“MISCELLANEOUS 2809.”

Raw XML Appendix378 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt046472
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt038899
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CREDIT UNION IS A MEMBER OWNED, NOT-FOR-PROFIT FINANCIAL INSTITUTION COMMITTED TO PROVIDING QUALITY SERVICES AND PROGRAMS TO MEET THE INDIVIDUAL NEEDS OF MEMBERS WHILE PRESERVING THE FINANCIAL STABILITY AND SECURITY OF THE ORGANIZATION.
IRS990/AdvertisingGrp/TotalAmt03695
IRS990/AllOtherExpensesGrp/TotalAmt011442
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KEVIN KENNEDY
IRS990/BooksInCareOfDetail/PhoneNum02174774428
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01035 E MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0DANVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061832
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0548196
IRS990/CashNonInterestBearingGrp/EOYAmt0695444
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt086581
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt03122
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt052226
IRS990/CYOtherExpensesAmt0546900
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0920421
IRS990/CYRevenuesLessExpensesAmt0139819
IRS990/CYSalariesCompEmpBnftPaidAmt0285928
IRS990/CYTotalExpensesAmt0832828
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0972647
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt033669
IRS990/Desc0PROVIDED CONSUMER LENDING AND RECEIVE DEPOSITS FROM THE CREDIT UNION MEMBERSHIP. THE CREDIT UNION SERVICES IN EXCESS OF 4,770 MEMBER SHARE TYPE ACCOUNTS AND APPROXIMATELY 1,020 LOAN TYPE ACCOUNTS, INCLUDING VISA CARDS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt010650
IRS990/FeesForServicesOtherGrp/TotalAmt011767
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt911340
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROL COURSON
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT FOREMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JACQUELINE GUMM
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT COFFEY
IRS990/Form990PartVIISectionAGrp/PersonNm4KENNETH GENTRUP
IRS990/Form990PartVIISectionAGrp/PersonNm5KARLA WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK NIEDENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm7DALLAS PONDER
IRS990/Form990PartVIISectionAGrp/PersonNm8ROSEMARY WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm9KEVIN KENNEDY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt975241
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9MANAGER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01949
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0972647
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt020499
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt052226
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03198000
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01895000
IRS990/IRPDocumentCnt0589
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0299098
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0336105
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0375697
IRS990/LandBldgEquipCostOrOtherBssAmt0674795
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CREDIT UNION IS A MEMBER OWNED,
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03418522
IRS990/NetAssetsOrFundBalancesEOYAmt03558341
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt040710
IRS990/OfficeExpensesGrp/TotalAmt0107587
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0197371
IRS990/OtherAssetsTotalGrp/EOYAmt0202491
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014155
IRS990/OtherExpensesGrp/Desc0DIVIDENDS
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2SHARE/LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt066233
IRS990/OtherExpensesGrp/TotalAmt197500
IRS990/OtherExpensesGrp/TotalAmt2127154
IRS990/OtherExpensesGrp/TotalAmt39690
IRS990/OtherLiabilitiesGrp/BOYAmt014807798
IRS990/OtherLiabilitiesGrp/EOYAmt015179247
IRS990/OtherSalariesAndWagesGrp/TotalAmt0159185
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt011058559
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010695933
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt022710
IRS990/PensionPlanContributionsGrp/TotalAmt03297
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075832
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042552
IRS990/PrincipalOfficerNm0KEVIN KENNEDY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0702730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1217691
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036392
IRS990/PYOtherExpensesAmt0504915
IRS990/PYProgramServiceRevenueAmt0909930
IRS990/PYRevenuesLessExpensesAmt0144046
IRS990/PYSalariesCompEmpBnftPaidAmt0297361
IRS990/PYTotalExpensesAmt0802276
IRS990/PYTotalRevenueAmt0946322
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0139819
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03418522
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03558341
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02858729
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04869370
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0214817
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0138768
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0353585
IRS990ScheduleD/EquipmentGrp/BookValueAmt071744
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160330
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0232074
IRS990ScheduleD/ExpensesSubtotalAmt0832828
IRS990ScheduleD/LandGrp/BookValueAmt045729
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045729
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043407
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043407
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015179247
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS' SHARES AND SAVINGS ACCOUNT
IRS990ScheduleD/RevenueSubtotalAmt0972647
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0375697
IRS990ScheduleD/TotalExpensesPerForm990Amt0832828
IRS990ScheduleD/TotalLiabilityAmt015179247
IRS990ScheduleD/TotalRevenuePerForm990Amt0972647
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0972647
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0832828
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS ELECTED FROM AND BY THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FROM TIME TO TIME, CERTAIN DECISIONS WILL BE PRESENTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR A VOTE, WHICH ARE DETERMINED ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE FINAL FORM 990 AND SCHEDULES WERE MADE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE TO EACH BOARD MEMBER PRIOR TO BEING FILED WITH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WITH THE IRS. BOARD MEMBERS WERE ASKED TO REVIEW THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8RETURN INDIVIDUALLY AND TO CONTACT THE RETURN PREPARER,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER BOARD MEMBERS, OR EXECUTIVE OFFICERS WITH ANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10QUESTIONS OR CONCERNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE CREDIT UNION ENFORCES THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THROUGH REVIEW OF THE POLICY AND AWARENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13THE CREDIT UNION'S GOVERNING DOCUMENTS, CONFLICT OF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16IDFPR 8633.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17MISCELLANEOUS 2809.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt018272792
IRS990/TotalAssetsEOYAmt018776487
IRS990/TotalAssetsGrp/BOYAmt018272792
IRS990/TotalAssetsGrp/EOYAmt018776487
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/TotalAmt0832828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014854270
IRS990/TotalLiabilitiesEOYAmt015218146
IRS990/TotalLiabilitiesGrp/BOYAmt014854270
IRS990/TotalLiabilitiesGrp/EOYAmt015218146
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03418522
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03558341
IRS990/TotalOtherCompensationAmt011340
IRS990/TotalProgramServiceRevenueAmt0920421
IRS990/TotalReportableCompFromOrgAmt075241
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0972647
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0972647
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018272792
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018776487
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt03182
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01035 E MAIN ST
IRS990/USAddress/CityNm0DANVILLE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061832
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN KENNEDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02174774428
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEE-PAK CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0TEE-
ReturnHeader/Filer/EIN0366054546
ReturnHeader/Filer/PhoneNum02174774428
ReturnHeader/Filer/USAddress/AddressLine1Txt01035 E MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0DANVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061832
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04BB38FDEFEA01749A2B7E956A17ADE3433EB71A9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09BC8A9ED3246B4657A50282BDD4082D9D5CEA101
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.9.116.36
ReturnHeader/FilingSecurityInformation/IPDt02017-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:00:46
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LMHN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 N Webster St PO Box 87
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Taylorville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062568
ReturnHeader/PreparerPersonGrp/PhoneNum02178249661
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD K HOOPER
ReturnHeader/ReturnTs02017-05-08T12:01:45-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,776,487
Liabilities
$15,218,146
Net assets
$3,558,341
Revenue
$972,647
Expenses
$832,828
Net income
$139,819
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.5$21.8$3.73$1.44$1.65$0.21
2023Detailed filing. Detailed filing data is available for this year.$24.6$20.6$3.94$1.42$1.30$0.11
2022Detailed filing. Detailed filing data is available for this year.$22.9$18.9$3.96$1.02$1.09$0.07
2021Detailed filing. Detailed filing data is available for this year.$22.7$18.6$4.04$1.03$0.94$0.08
2020Detailed filing. Detailed filing data is available for this year.$21.7$17.8$3.96$0.95$0.93$0.02
2019Detailed filing. Detailed filing data is available for this year.$20.7$16.8$3.94$1.04$0.91$0.13
2018Detailed filing. Detailed filing data is available for this year.$19.3$15.5$3.81$0.99$0.83$0.16
2017Detailed filing. Detailed filing data is available for this year.$19.4$15.7$3.65$0.94$0.85$0.09
2016Detailed filing. Detailed filing data is available for this year.$18.8$15.2$3.56$0.97$0.83$0.14
2015Detailed filing. Detailed filing data is available for this year.$18.3$14.9$3.42$0.95$0.80$0.14
2014Detailed filing. Detailed filing data is available for this year.$18.1$14.8$3.27$0.97$0.79$0.17
2013Detailed filing. Detailed filing data is available for this year.$16.9$13.8$3.10$0.98$0.83$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$14.0$2.96$0.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$13.4$2.83$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$11.8$2.72$0.81