Civic Intelligence

Planites Credit Union

990 • Fiscal year 2017 • EIN 36-6057472

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 05, 2018

Organization ProfileWWW.PLANITES.ORG
300 E Randolph St 14th FloorChicago, IL 60601

(312) 653-6371

Siviq Scores

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

Liabilities / Assets

59th percentile

0.89x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

20.35x

Higher debt load relative to revenue than 54% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2017

Asset Growth

47th percentile

2.0%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-0.1%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$31,272,065

Up $619,204 (+2.0%) from 2016

Net Assets

Up

$3,565,630

Up $168,232 (+5.0%) from 2016

Liabilities

Up

$27,706,435

Up $450,972 (+1.7%) from 2016

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin67th percentile

Revenue

Down

$1,361,803

Down $960 (-0.1%) from 2016

Expenses

Up

$1,193,571

Up $41,805 (+3.6%) from 2016

Net Income

Down

$168,232

Down $42,765 (-20%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$40M$30M$20M$10M$0Assets 2010: $30,285,619Liabilities 2010: $27,483,594Net Assets 2010: $2,802,0252010Assets 2011: $28,734,921Liabilities 2011: $25,876,430Net Assets 2011: $2,858,4912011Assets 2012: $30,815,067Liabilities 2012: $27,890,674Net Assets 2012: $2,924,3932012Assets 2013: $29,689,418Liabilities 2013: $26,699,747Net Assets 2013: $2,989,6712013Assets 2014: $30,075,840Liabilities 2014: $27,024,905Net Assets 2014: $3,050,9352014Assets 2015: $30,691,001Liabilities 2015: $27,504,600Net Assets 2015: $3,186,4012015Assets 2016: $30,652,861Liabilities 2016: $27,255,463Net Assets 2016: $3,397,3982016Assets 2017: $31,272,065Liabilities 2017: $27,706,435Net Assets 2017: $3,565,6302017Assets 2018: $31,611,294Liabilities 2018: $27,948,169Net Assets 2018: $3,663,1252018Assets 2019: $32,216,535Liabilities 2019: $28,413,677Net Assets 2019: $3,802,8582019Assets 2020: $39,811,852Liabilities 2020: $35,940,747Net Assets 2020: $3,871,1052020Assets 2021: $38,342,122Liabilities 2021: $34,385,109Net Assets 2021: $3,957,0132021Assets 2022: $36,545,836Liabilities 2022: $32,508,876Net Assets 2022: $4,036,9602022Assets 2023: $37,372,838Liabilities 2023: $33,263,109Net Assets 2023: $4,109,7292023Assets 2024: $37,285,245Liabilities 2024: $33,083,266Net Assets 2024: $4,201,9792024

Highlighted filing

2017

Assets$31,272,065
Liabilities$27,706,435
Net Assets$3,565,630
Open 2017 Filing

Operations Trend

Revenue Growth15th percentile

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,461,8172010Expenses 2011: $1,264,7572011Expenses 2012: $1,188,9062012Revenue 2013: $1,187,130Expenses 2013: $1,121,851Net Income 2013: $65,2792013Revenue 2014: $1,208,780Expenses 2014: $1,147,516Net Income 2014: $61,2642014Revenue 2015: $1,324,255Expenses 2015: $1,188,789Net Income 2015: $135,4662015Revenue 2016: $1,362,763Expenses 2016: $1,151,766Net Income 2016: $210,9972016Revenue 2017: $1,361,803Expenses 2017: $1,193,571Net Income 2017: $168,2322017Revenue 2018: $1,457,375Expenses 2018: $1,359,880Net Income 2018: $97,4952018Revenue 2019: $1,589,738Expenses 2019: $1,450,005Net Income 2019: $139,7332019Revenue 2020: $1,487,267Expenses 2020: $1,419,020Net Income 2020: $68,2472020Revenue 2021: $1,485,511Expenses 2021: $1,399,603Net Income 2021: $85,9082021Revenue 2022: $1,440,647Expenses 2022: $1,360,700Net Income 2022: $79,9472022Revenue 2023: $1,821,773Expenses 2023: $1,749,004Net Income 2023: $72,7692023Revenue 2024: $2,053,005Expenses 2024: $1,960,755Net Income 2024: $92,2502024

Highlighted filing

2017

Revenue$1,361,803
Expenses$1,193,571
Net Income$168,232
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 5, 2018
Return Version
2017v2.2
Gross Receipts
$1,361,803
Mission and Program Overview

Mission

The credit union is a cooperative, not-for-profit financial institution organized to promote thrift and provide a safe, convenient place to save and borrow at reasonable rates of interest. The credit union exists to benefit members, not to make a profit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$18,522,010$18,471,010▼ $51,000
Other Notes and Loans Receivable, Net$10,946,306$11,802,198▲ $855,892
Rtn Earn Endowment Incm Other Fnds$3,397,398$3,565,630▲ $168,232
Cash and Non-Interest-Bearing Accounts$401,779$395,853▼ $5,926
Savings and Temporary Cash Investments$424,992$225,186▼ $199,806
Prepaid Expenses and Deferred Charges$16,945$33,703▲ $16,758
Land, Buildings, and Equipment, Net$19,543$16,222▼ $3,321
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$30,652,861$31,272,065▲ $619,204
Other Assets Total$321,286$327,893▲ $6,607
Liabilities
Other Liabilities$27,123,194$27,497,628▲ $374,434
Accounts Payable and Accrued Expenses$132,269$208,807▲ $76,538
Total Liabilities$27,255,463$27,706,435▲ $450,972
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,397,398$3,565,630▲ $168,232
Total Liabilities and Net Assets / Fund Balance$30,652,861$31,272,065▲ $619,204

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,222$137,270$153,492
Investment Program Related Org$110,000--
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
James BurdaChairperson
Danny ValkanosPresident
Thomas LubbenVice-chairperson
Austin WaldronDirector
Gabrielle RuizDirector
Geoffrey CrediDirector
Jennifer CernakDirector
John KoskyDirector
Joseph DanahyDirector
Lisa CouwenhovenDirector
Martha AlvarezDirector
Robert MajerusDirector
Thomas SurinDirector
Wil MatthewsDirector
Susan GajdaSecretary
Scott WomackTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Healthcare Service CorporationEmployee Leasing300 EAST RANDOLPH STREET, Chicago, IL 60601$458,041
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,071,828
Investment Income
$289,975
Other Revenue
$0
Change in Net Assets
$168,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,193,571
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$184,633
All Other Expenses---$52,982
Other Expenses---$52,380
Office Expenses---$28,877
Conferences and Meetings---$25,921
Advertising---$21,130
Insurance---$15,880
Fees for Services Accounting---$11,000
Fees for Services Legal---$2,000
Total Functional Expenses$0$0$0$1,193,571
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
Regular Shares$14,478,907
Certificates$9,404,750
Share Drafts$1,848,696
Ira Accounts$944,779
Club Accounts$820,496
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
Yes
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, Section A, Line 6

“The credit union is a cooperative nonprofit association organized under the state of illinois credit union act whose membership includes employees of health care service corporation. A member is defined as any individual that has a deposit account at the credit union.”

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

“Members of the credit union elect the board of directors at their annual meeting.”

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

“The tax manager for the sponsor company reviews the 990 under the supervision of board member, scott womack.”

Form 990, Part VI, Section B, Line 15

“The sponsor company compensates employees and utilizes industry salary surveys to determine compensation.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Planites Credit Union
EIN
36-6057472
Phone
3126536371
Address
300 E RANDOLPH ST 14TH FLOOR, CHICAGO, IL 60601

Signing Officer

Name
Danny Valkanos
Title
President
Phone
3126536371
Signed
2018-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danny Valkanos
Formed
1955
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Robert G Wujek
Phone
6309541400
Raw XML AppendixShowing 400 of 415 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/BOYAmt0132269
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0208807
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE A SAFE, CONVENIENT PLACE TO SAVE AND BORROW AT REASONABLE RATES OF INTEREST. THE CREDIT UNION EXISTS TO BENEFIT MEMBERS, NOT TO MAKE A PROFIT.
IRS990/AdvertisingGrp/TotalAmt021130
IRS990/AllOtherExpensesGrp/TotalAmt052982
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DANNY VALKANOS
IRS990/BooksInCareOfDetail/PhoneNum03126536371
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 E RANDOLPH ST 14TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060601
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0401779
IRS990/CashNonInterestBearingGrp/EOYAmt0395853
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt025921
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0458041
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0300 EAST RANDOLPH STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060601
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HEALTHCARE SERVICE CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0EMPLOYEE LEASING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0289975
IRS990/CYOtherExpensesAmt01193571
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01071828
IRS990/CYRevenuesLessExpensesAmt0168232
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01193571
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01361803
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROMOTE THRIFT AND LOW COST LOANS AMONG MEMBERS. THIS IS ACCOMPLISHED ON A COOPERATIVE BASIS FOR THE MUTUAL BENEFIT OF THOSE IN THE FIELD OF MEMBERSHIP.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt011000
IRS990/FeesForServicesLegalGrp/TotalAmt02000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES BURDA
IRS990/Form990PartVIISectionAGrp/PersonNm1THOMAS LUBBEN
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN GAJDA
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT WOMACK
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER CERNAK
IRS990/Form990PartVIISectionAGrp/PersonNm5LISA COUWENHOVEN
IRS990/Form990PartVIISectionAGrp/PersonNm6GEOFFREY CREDI
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSEPH DANAHY
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT MAJERUS
IRS990/Form990PartVIISectionAGrp/PersonNm9GABRIELLE RUIZ
IRS990/Form990PartVIISectionAGrp/PersonNm10THOMAS SURIN
IRS990/Form990PartVIISectionAGrp/PersonNm11AUSTIN WALDRON
IRS990/Form990PartVIISectionAGrp/PersonNm12WIL MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm13MARTHA ALVAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN KOSKY
IRS990/Form990PartVIISectionAGrp/PersonNm15DANNY VALKANOS
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01361803
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt015880
IRS990/InterestGrp/TotalAmt0184633
IRS990/InvestmentIncomeGrp/ExclusionAmt0289975
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0289975
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt018522010
IRS990/InvestmentsProgramRelatedGrp/EOYAmt018471010
IRS990/IRPDocumentCnt0704
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0137270
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019543
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016222
IRS990/LandBldgEquipCostOrOtherBssAmt0153492
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE A SAFE, CONVENIENT PLACE TO SAVE AND BORROW AT REASONABLE RATES OF INTEREST. THE CREDIT UNION EXISTS TO BENEFIT MEMBERS, NOT TO MAKE A PROFIT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03397398
IRS990/NetAssetsOrFundBalancesEOYAmt03565630
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt028877
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0321286
IRS990/OtherAssetsTotalGrp/EOYAmt0327893
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEES
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAM FEES
IRS990/OtherExpensesGrp/Desc2PLASTIC PROGRAMS
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/TotalAmt0458041
IRS990/OtherExpensesGrp/TotalAmt1201934
IRS990/OtherExpensesGrp/TotalAmt2138793
IRS990/OtherExpensesGrp/TotalAmt352380
IRS990/OtherLiabilitiesGrp/BOYAmt027123194
IRS990/OtherLiabilitiesGrp/EOYAmt027497628
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010946306
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt011802198
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016945
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033703
IRS990/PrincipalOfficerNm0DANNY VALKANOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2COMMISSION/INTERCHANGE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0559874
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1419876
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt292078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0559874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1419876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt292078
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0295369
IRS990/PYOtherExpensesAmt01151766
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01067394
IRS990/PYRevenuesLessExpensesAmt0210997
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01151766
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01362763
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0168232
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03397398
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03565630
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0424992
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0225186
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt016222
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0137270
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0153492
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt018361010
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1110000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CERTIFICATES IN OTHER FINANCIAL INSTITUTIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN CREDIT UNION SERVICE ORGANIZATION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014478907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1820496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21848696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt39404750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4944779
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CLUB ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IRA ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016222
IRS990ScheduleD/TotalBookValueProgramRltdAmt018471010
IRS990ScheduleD/TotalLiabilityAmt027497628
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS A COOPERATIVE NONPROFIT ASSOCIATION ORGANIZED UNDER THE STATE OF ILLINOIS CREDIT UNION ACT WHOSE MEMBERSHIP INCLUDES EMPLOYEES OF HEALTH CARE SERVICE CORPORATION. A MEMBER IS DEFINED AS ANY INDIVIDUAL THAT HAS A DEPOSIT ACCOUNT AT THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX MANAGER FOR THE SPONSOR COMPANY REVIEWS THE 990 UNDER THE SUPERVISION OF BOARD MEMBER, SCOTT WOMACK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SPONSOR COMPANY COMPENSATES EMPLOYEES AND UTILIZES INDUSTRY SALARY SURVEYS TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt030652861
IRS990/TotalAssetsEOYAmt031272065
IRS990/TotalAssetsGrp/BOYAmt030652861
IRS990/TotalAssetsGrp/EOYAmt031272065
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01193571
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027255463
IRS990/TotalLiabilitiesEOYAmt027706435
IRS990/TotalLiabilitiesGrp/BOYAmt027255463
IRS990/TotalLiabilitiesGrp/EOYAmt027706435
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03397398
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03565630
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt01071828
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0289975
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01071828
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01361803
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030652861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031272065
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 E RANDOLPH ST 14TH FLOOR
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.PLANITES.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANNY VALKANOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03126536371
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLANITES CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0PLAN
ReturnHeader/Filer/EIN0366057472
ReturnHeader/Filer/PhoneNum03126536371
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 E RANDOLPH ST 14TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId063B02678BE8E3BB5BD85EA6BBAEDCA97F164539F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E2BF9E91A8BFDEB4E4F5EF7853BF2AD6934AE51C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.201.115.82
ReturnHeader/FilingSecurityInformation/IPDt02018-04-05

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,272,065
Liabilities
$27,706,435
Net assets
$3,565,630
Revenue
$1,361,803
Expenses
$1,193,571
Net income
$168,232
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.3$33.1$4.20$2.05$1.96$0.09
2023Detailed filing. Detailed filing data is available for this year.$37.4$33.3$4.11$1.82$1.75$0.07
2022Detailed filing. Detailed filing data is available for this year.$36.5$32.5$4.04$1.44$1.36$0.08
2021Detailed filing. Detailed filing data is available for this year.$38.3$34.4$3.96$1.49$1.40$0.09
2020Detailed filing. Detailed filing data is available for this year.$39.8$35.9$3.87$1.49$1.42$0.07
2019Detailed filing. Detailed filing data is available for this year.$32.2$28.4$3.80$1.59$1.45$0.14
2018Detailed filing. Detailed filing data is available for this year.$31.6$27.9$3.66$1.46$1.36$0.10
2017Detailed filing. Detailed filing data is available for this year.$31.3$27.7$3.57$1.36$1.19$0.17
2016Detailed filing. Detailed filing data is available for this year.$30.7$27.3$3.40$1.36$1.15$0.21
2015Detailed filing. Detailed filing data is available for this year.$30.7$27.5$3.19$1.32$1.19$0.14
2014Detailed filing. Detailed filing data is available for this year.$30.1$27.0$3.05$1.21$1.15$0.06
2013Detailed filing. Detailed filing data is available for this year.$29.7$26.7$2.99$1.19$1.12$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$27.9$2.92$1.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$25.9$2.86$1.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.3$27.5$2.80$1.46