Civic Intelligence

Blackhawk Area Cu

990 • Fiscal year 2018 • EIN 36-6091357

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

Organization Profilewww.bacu.org

View Organization Page

214 Main StreetSavanna, IL 61074

(815) 273-4503

Siviq Scores

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

Liabilities / Assets

95th percentile

0.92x

Higher debt load relative to assets than 95% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

19.85x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Net Margin

33rd percentile

8.5%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

28th percentile

$86,000

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Source year 2018

Asset Growth

35th percentile

-0.7%

Faster asset growth than 35% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

7.5%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)14 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$33,561,901

Down $240,416 (-0.7%) from 2017

Net Assets

Up

$2,718,458

Up $152,760 (+6.0%) from 2017

Liabilities

Down

$30,843,443

Down $393,176 (-1.3%) from 2017

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin33rd percentile

Revenue

Up

$1,553,828

Up $108,424 (+7.5%) from 2017

Expenses

Down

$1,421,998

Down $73,427 (-4.9%) from 2017

Net Income

Up

$131,830

Up $181,851 (+364%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$60M$40M$20M$0Assets 2010: $28,904,119Liabilities 2010: $26,692,701Net Assets 2010: $2,211,4182010Assets 2011: $30,328,577Liabilities 2011: $27,970,688Net Assets 2011: $2,357,8892011Assets 2012: $32,358,116Liabilities 2012: $29,824,608Net Assets 2012: $2,533,5082012Assets 2013: $33,011,631Liabilities 2013: $30,339,110Net Assets 2013: $2,672,5212013Assets 2014: $33,583,896Liabilities 2014: $30,931,689Net Assets 2014: $2,652,2072014Assets 2015: $33,700,960Liabilities 2015: $31,051,303Net Assets 2015: $2,649,6572015Assets 2016: $33,344,685Liabilities 2016: $30,691,418Net Assets 2016: $2,653,2672016Assets 2017: $33,802,317Liabilities 2017: $31,236,619Net Assets 2017: $2,565,6982017Assets 2018: $33,561,901Liabilities 2018: $30,843,443Net Assets 2018: $2,718,4582018Assets 2019: $33,863,489Liabilities 2019: $31,131,719Net Assets 2019: $2,731,7702019Assets 2020: $40,360,049Liabilities 2020: $37,692,443Net Assets 2020: $2,667,6062020Assets 2021: $44,108,339Liabilities 2021: $41,185,823Net Assets 2021: $2,922,5162021Assets 2022: $43,546,962Liabilities 2022: $40,193,254Net Assets 2022: $3,353,7082022Assets 2023: $40,050,532Liabilities 2023: $36,183,342Net Assets 2023: $3,867,1902023Assets 2024: $38,018,614Liabilities 2024: $33,742,098Net Assets 2024: $4,276,5162024

Highlighted filing

2018

Assets$33,561,901
Liabilities$30,843,443
Net Assets$2,718,458
Open 2018 Filing

Operations Trend

Revenue Growth35th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,502,2772010Expenses 2011: $1,461,0072011Expenses 2012: $1,360,6702012Revenue 2013: $1,457,033Expenses 2013: $1,344,260Net Income 2013: $112,7732013Revenue 2014: $1,444,038Expenses 2014: $1,410,142Net Income 2014: $33,8962014Revenue 2015: $1,415,509Expenses 2015: $1,354,244Net Income 2015: $61,2652015Revenue 2016: $1,428,653Expenses 2016: $1,356,984Net Income 2016: $71,6692016Revenue 2017: $1,445,404Expenses 2017: $1,495,425Net Income 2017: -$50,0212017Revenue 2018: $1,553,828Expenses 2018: $1,421,998Net Income 2018: $131,8302018Revenue 2019: $1,629,051Expenses 2019: $1,519,962Net Income 2019: $109,0892019Revenue 2020: $1,503,007Expenses 2020: $1,435,221Net Income 2020: $67,7862020Revenue 2021: $1,720,364Expenses 2021: $1,484,181Net Income 2021: $236,1832021Revenue 2022: $1,907,031Expenses 2022: $1,571,638Net Income 2022: $335,3932022Revenue 2023: $2,171,881Expenses 2023: $1,635,081Net Income 2023: $536,8002023Revenue 2024: $2,178,867Expenses 2024: $1,722,770Net Income 2024: $456,0972024

Highlighted filing

2018

Revenue$1,553,828
Expenses$1,421,998
Net Income$131,830
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.0
Gross Receipts
$1,553,828
Mission and Program Overview

Mission

The mission of the credit union is to provide low-cost financial services to its members, to encourage savings, to provide education in fiancial matters, and to prosper in order to continue to be a viable financial institution in the future.

Credit Union operated for mutual purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$20,278,969$21,551,993▲ $1,273,024
Investments in Publicly Traded Securities$8,990,309$7,400,271▼ $1,590,038
Savings and Temporary Cash Investments$2,898,207$2,847,065▼ $51,142
Rtn Earn Endowment Incm Other Fnds$2,565,698$2,718,458▲ $152,760
Cash and Non-Interest-Bearing Accounts$762,721$880,598▲ $117,877
Land, Buildings, and Equipment, Net$226,714$241,992▲ $15,278
Accounts Receivable$103,039$125,136▲ $22,097
Prepaid Expenses and Deferred Charges$75,403$111,255▲ $35,852
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$33,802,317$33,561,901▼ $240,416
Other Assets Total$466,955$403,591▼ $63,364
Liabilities
Other Liabilities$31,031,621$30,764,045▼ $267,576
Accounts Payable and Accrued Expenses$204,998$79,398▼ $125,600
Total Liabilities$31,236,619$30,843,443▼ $393,176
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,565,698$2,718,458▲ $152,760
Total Liabilities and Net Assets / Fund Balance$33,802,317$33,561,901▼ $240,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$70,265$534,846$0
Other Land Buildings$0$0$0
Land$106,500-$0
Equipment$49,497$365,112$0
Leasehold Improvements$15,730$36,748$0
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rhonda SchroederCEOFT$86,000$86,000
Melanie MacyCredit ManagerFT$40,888$40,888

Board Members and Trustees

NameTitle
Beth WiegmannChairperson
Wayne WilsonVice Chairman
James KarrBoard Member
Leonard SheafferBoard Member
Marleen AndersenBoard Member
Steve VenhuizenBoard Member
Wilfred SchrammBoard Member
Mary OstendorfSecretary
Debbi HunterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,374,584
Investment Income
$179,244
Other Revenue
$0
Change in Net Assets
$131,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$730,520
Salaries, Compensation, and Employee Benefits$691,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$341,356
Office Expenses---$170,476
Current Officers, Directors, Trustees, and Key Employees---$126,888
Other Employee Benefits---$120,665
Information Technology---$89,971
Occupancy---$82,139
Pension Plan Contributions---$63,727
Depreciation Depletion---$41,338
Payroll Taxes---$38,842
Other Expenses---$36,195
Advertising---$33,810
Fees for Services Accounting---$29,904
Insurance---$19,001
Travel---$15,847
Payments to Affiliates---$13,003
Conferences and Meetings---$153
Total Functional Expenses$0$0$0$1,421,998
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
All Shares held by members$30,764,045
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“4,381 members”

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

“4,381 members”

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

“members”

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

“Rhonda Schroeder, CEO completes Form 990 with the assistance of Melanie Macy, Collection Manager.”

Form 990, Part VI, Section C, Line 19

“Newsletter, website, and upon request.”

Filing and Contact Details

Filer

Filer Name
Blackhawk Area Cu
EIN
36-6091357
Phone
8152734503
Address
214 Main Street, Savanna, IL 61074

Signing Officer

Name
Rhonda Schroeder
Title
CEO
Phone
8152732945
Signed
2019-04-30

Organization Details

Principal Officer
Rhonda Schroeder
Formed
1935
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
0
Employees
17
Volunteers
9
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“OCI Adjustment”

Raw XML AppendixShowing 400 of 441 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/BOYAmt0204998
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt079398
IRS990/AccountsReceivableGrp/BOYAmt0103039
IRS990/AccountsReceivableGrp/EOYAmt0125136
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Credit Union operated for mutual purposes.
IRS990/AdvertisingGrp/TotalAmt033810
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Rhonda Schroeder
IRS990/BooksInCareOfDetail/PhoneNum08152734503
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0214 Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Savanna
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061074
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0762721
IRS990/CashNonInterestBearingGrp/EOYAmt0880598
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0126888
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0153
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0179244
IRS990/CYOtherExpensesAmt0730520
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01374584
IRS990/CYRevenuesLessExpensesAmt0131830
IRS990/CYSalariesCompEmpBnftPaidAmt0691478
IRS990/CYTotalExpensesAmt01421998
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01553828
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt041338
IRS990/Desc0We serve 4,381 members with savings accounts and dividend rates higher than area competitors.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt029904
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040
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/OfficerInd1X
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/PersonNm0Marleen Andersen
IRS990/Form990PartVIISectionAGrp/PersonNm1James Karr
IRS990/Form990PartVIISectionAGrp/PersonNm2Wilfred Schramm
IRS990/Form990PartVIISectionAGrp/PersonNm3Debbi Hunter
IRS990/Form990PartVIISectionAGrp/PersonNm4Steve Venhuizen
IRS990/Form990PartVIISectionAGrp/PersonNm5Mary Ostendorf
IRS990/Form990PartVIISectionAGrp/PersonNm6Leonard Sheaffer
IRS990/Form990PartVIISectionAGrp/PersonNm7Wayne Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm8Beth Wiegmann
IRS990/Form990PartVIISectionAGrp/PersonNm9Rhonda Schroeder
IRS990/Form990PartVIISectionAGrp/PersonNm10Melanie Macy
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/ReportableCompFromOrgAmt986000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1040888
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/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10Credit Manager
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt01553828
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt089971
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/TotalAmt019001
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0179244
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0179244
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08990309
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07400271
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0936706
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0226714
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0241992
IRS990/LandBldgEquipCostOrOtherBssAmt01178698
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the credit union is to provide low-cost financial services to its members, to encourage savings, to provide education in fiancial matters, and to prosper in order to continue to be a viable financial institution in the future.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02565698
IRS990/NetAssetsOrFundBalancesEOYAmt02718458
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt082139
IRS990/OfficeExpensesGrp/TotalAmt0170476
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0466955
IRS990/OtherAssetsTotalGrp/EOYAmt0403591
IRS990/OtherChangesInNetAssetsAmt020930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0120665
IRS990/OtherExpensesGrp/Desc0Dividends
IRS990/OtherExpensesGrp/Desc1Loan/Collection Expense
IRS990/OtherExpensesGrp/Desc2Share Draft, ATM, ACH, Cash Over/Short
IRS990/OtherExpensesGrp/TotalAmt061818
IRS990/OtherExpensesGrp/TotalAmt1136865
IRS990/OtherExpensesGrp/TotalAmt236195
IRS990/OtherLiabilitiesGrp/BOYAmt031031621
IRS990/OtherLiabilitiesGrp/EOYAmt030764045
IRS990/OtherOrganizationDsc0Cooperative
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0341356
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020278969
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt021551993
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt013003
IRS990/PayrollTaxesGrp/TotalAmt038842
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt063727
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075403
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0111255
IRS990/PrincipalOfficerNm0Rhonda Schroeder
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0We have a total of 1,490 outstanding member consumer loans.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0We have a total of 266 outstanding member mortgage and/or HELOC loans.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0126000
IRS990/PYOtherExpensesAmt0796379
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01319404
IRS990/PYRevenuesLessExpensesAmt0-50021
IRS990/PYSalariesCompEmpBnftPaidAmt0699046
IRS990/PYTotalExpensesAmt01495425
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01445404
IRS990/ReconcilationRevenueExpnssAmt0131830
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02565698
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02718458
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02898207
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02847065
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt070265
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0534846
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0605111
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt049497
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0365112
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0414609
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0106500
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0106500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015730
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt036748
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt052478
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030764045
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0All Shares held by members
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0241992
IRS990ScheduleD/TotalLiabilityAmt030764045
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt04,381 members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14,381 members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rhonda Schroeder, CEO completes Form 990 with the assistance of Melanie Macy, Collection Manager.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Newsletter, website, and upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OCI Adjustment
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 C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt033802317
IRS990/TotalAssetsEOYAmt033561901
IRS990/TotalAssetsGrp/BOYAmt033802317
IRS990/TotalAssetsGrp/EOYAmt033561901
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01421998
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031236619
IRS990/TotalLiabilitiesEOYAmt030843443
IRS990/TotalLiabilitiesGrp/BOYAmt031236619
IRS990/TotalLiabilitiesGrp/EOYAmt030843443
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02565698
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02718458
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01374584
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01374584
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,561,901
Liabilities
$30,843,443
Net assets
$2,718,458
Revenue
$1,553,828
Expenses
$1,421,998
Net income
$131,830
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.0$33.7$4.28$2.18$1.72$0.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.1$36.2$3.87$2.17$1.64$0.54
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.5$40.2$3.35$1.91$1.57$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.1$41.2$2.92$1.72$1.48$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.4$37.7$2.67$1.50$1.44$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.9$31.1$2.73$1.63$1.52$0.11
2018Detailed filing. Detailed filing data is available for this year.$33.6$30.8$2.72$1.55$1.42$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.8$31.2$2.57$1.45$1.50$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.3$30.7$2.65$1.43$1.36$0.07
2015Detailed filing. Detailed filing data is available for this year.$33.7$31.1$2.65$1.42$1.35$0.06
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.6$30.9$2.65$1.44$1.41$0.03
2013Detailed filing. Detailed filing data is available for this year.$33.0$30.3$2.67$1.46$1.34$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$29.8$2.53$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.3$28.0$2.36$1.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$26.7$2.21$1.50