Civic Intelligence

Revity Credit Union

990 • Fiscal year 2022 • EIN 37-0646488

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 04, 2023

Organization ProfileWWW.MYGCSCU.COM

View Organization Page

3970 Maryville RoadGranite City, IL 62040

(618) 797-7993

Siviq Scores

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

Liabilities / Assets

71st percentile

0.92x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

19.93x

Higher debt load relative to revenue than 50% of similar nonprofits.

2022 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2022

Net Margin

52nd percentile

17%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2022

Top Officer Pay

11th percentile

$261,883

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2022

Asset Growth

10th percentile

-2.6%

Faster asset growth than 10% of similar nonprofits.

2022 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2021 to 2022

Revenue Growth

17th percentile

3.2%

Faster revenue growth than 17% of similar nonprofits.

2022 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$436,616,353

Down $11,472,708 (-2.6%) from 2021

Net Assets

Down

$33,485,142

Down $12,673,697 (-27%) from 2021

Liabilities

Up

$403,131,211

Up $1,200,989 (+0.3%) from 2021

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin52nd percentile

Revenue

Up

$20,228,716

Up $625,227 (+3.2%) from 2021

Expenses

Up

$16,785,020

Up $1,884,014 (+13%) from 2021

Net Income

Down

$3,443,696

Down $1,258,787 (-27%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$600M$400M$200M$0Assets 2014: $309,008,530Liabilities 2014: $272,762,938Net Assets 2014: $36,245,5922014Assets 2015: $312,532,650Liabilities 2015: $275,173,927Net Assets 2015: $37,358,7232015Assets 2016: $323,256,415Liabilities 2016: $284,571,188Net Assets 2016: $38,685,2272016Assets 2017: $328,251,641Liabilities 2017: $288,600,992Net Assets 2017: $39,650,6492017Assets 2018: $345,209,620Liabilities 2018: $304,700,948Net Assets 2018: $40,508,6722018Assets 2019: $347,220,803Liabilities 2019: $305,691,017Net Assets 2019: $41,529,7862019Assets 2020: $397,616,673Liabilities 2020: $354,150,790Net Assets 2020: $43,465,8832020Assets 2021: $448,089,061Liabilities 2021: $401,930,222Net Assets 2021: $46,158,8392021Assets 2022: $436,616,353Liabilities 2022: $403,131,211Net Assets 2022: $33,485,1422022Assets 2024: $460,729,959Liabilities 2024: $420,432,383Net Assets 2024: $40,297,5762024

Highlighted filing

2022

Assets$436,616,353
Liabilities$403,131,211
Net Assets$33,485,142
Open 2022 Filing

Operations Trend

Revenue Growth17th percentile

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

$30M$20M$10M$0Revenue 2014: $16,214,718Expenses 2014: $15,518,945Net Income 2014: $695,7732014Revenue 2015: $16,236,362Expenses 2015: $15,106,590Net Income 2015: $1,129,7722015Revenue 2016: $16,773,356Expenses 2016: $15,854,786Net Income 2016: $918,5702016Revenue 2017: $17,998,402Expenses 2017: $17,168,595Net Income 2017: $829,8072017Revenue 2018: $19,441,363Expenses 2018: $18,876,504Net Income 2018: $564,8592018Revenue 2019: $20,114,524Expenses 2019: $19,283,813Net Income 2019: $830,7112019Revenue 2020: $18,517,571Expenses 2020: $16,493,790Net Income 2020: $2,023,7812020Revenue 2021: $19,603,489Expenses 2021: $14,901,006Net Income 2021: $4,702,4832021Revenue 2022: $20,228,716Expenses 2022: $16,785,020Net Income 2022: $3,443,6962022Revenue 2024: $25,020,502Expenses 2024: $24,130,231Net Income 2024: $890,2712024

Highlighted filing

2022

Revenue$20,228,716
Expenses$16,785,020
Net Income$3,443,696
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 4, 2023
Return Version
2022v5.0
Gross Receipts
$22,251,193
Mission and Program Overview

Mission

To provide cooperative financial services to anyone who lives, works or attends school within the following illinois counties: sangamon, logan, macon, marion, jefferson, perry, jackson, williamson, jersey, macoupin, montgomery, madison, bond, clinton, st. Clair, monroe, washington and randolph.

To provide cooperative financial services to anyone who lives, works or attends school within the following illinois counties: sangamon, logan, macon, marion, jefferson, perry, jackson, williamson, jersey, macoupin, montgomery, madison, bond, clinton, st. Clair, monroe, washington and randolph. In addition to a regularly qualified member, the spouse of a member, the blood or adoptive relatives of either of them and their spouses may be members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$231,881,857$249,537,740▲ $17,655,883
Investments in Publicly Traded Securities$132,034,273$138,326,360▲ $6,292,087
Rtn Earn Endowment Incm Other Fnds$46,158,839$33,485,142▼ $12,673,697
Savings and Temporary Cash Investments$53,428,658$11,514,816▼ $41,913,842
Land, Buildings, and Equipment, Net$5,162,832$7,341,091▲ $2,178,259
Investments Other Securities$1,483,652$4,993,652▲ $3,510,000
Cash and Non-Interest-Bearing Accounts$4,018,629$4,408,574▲ $389,945
Accounts Receivable$793,529$848,288▲ $54,759
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$448,089,061$436,616,353▼ $11,472,708
Other Assets Total$19,285,631$19,645,832▲ $360,201
Liabilities
Other Liabilities$383,983,668$389,458,103▲ $5,474,435
Mortgage Notes Payable Secured by Investment Property$15,000,000$10,000,000▼ $5,000,000
Accounts Payable and Accrued Expenses$2,946,554$3,673,108▲ $726,554
Total Liabilities$401,930,222$403,131,211▲ $1,200,989
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,158,839$33,485,142▼ $12,673,697
Total Liabilities and Net Assets / Fund Balance$448,089,061$436,616,353▼ $11,472,708

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,630,775$9,232,560$11,863,335
Buildings$2,734,036$6,842,740$9,576,776
Land$1,976,280-$1,976,280
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith BurtonPresidentFT$240,557$21,326$261,883
Tamara WoffordChief Financial OfficerFT$177,867$15,835$193,702

Board Members and Trustees

NameTitle
Jim DevineChairperson
Ken NewtonVice-chairperson
Barry StuartDirector
Cecil WilliamsDirector
George MitchellDirector
Kenneth ShippDirector
Nick HuniakDirector
Robert LylesDirector
Ron JarrettDirector
Kim FrantzSecretary
Samuel AkemanSupervisory Committee
Scott SmallieSupervisory Committee
Jack ManionTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$16,202,129
Investment Income
$3,596,055
Other Revenue
$430,532
Change in Net Assets
$3,443,696

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,228,716
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-16,117,393
Total Revenue per Audited Statements
$4,111,323
Total Revenue per Form 990
$20,228,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,515,955
Salaries, Compensation, and Employee Benefits$7,269,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,853,612
Office Expenses---$3,780,211
Interest---$1,530,845
Other Employee Benefits---$1,282,732
Fees for Services Other---$1,270,114
Depreciation Depletion---$682,705
Occupancy---$645,701
Advertising---$554,806
Current Officers, Directors, Trustees, and Key Employees---$455,595
Payroll Taxes---$427,022
Pension Plan Contributions---$250,104
Travel---$103,950
Fees for Services Accounting---$48,000
Other Expenses---$35,507
Fees for Services Legal---$33,811
All Other Expenses---$-488,050
Total Functional Expenses$0$0$0$16,785,020

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,785,020
Total Expenses per Audited Statements$16,785,020
Total Expenses per Form 990$16,785,020
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Members Share Deposits$389,400,669
Dividends Payable$57,434
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“This organization is a credit union. Therefore, in order to open an account, an individual must become a member of the credit union.”

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

“The board of directors is elected by the full membership of the credit union primarily via proxy vote. When a new member signs up with the credit union, they may also sign a proxy card stating that the directors can cast their votes on their behalf. At the annual membership meeting, the proxy votes are cast for the directors who are nominated from the board's ballot committee.”

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

“A copy of the form 990 was provided to the board of directors for review, approval and signature prior to filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 15

“Persons independent of the organization's president and key employees have determined the compensation for these positions based on comparability data and other factors and have been approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflicts of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Gcs Credit Union
EIN
37-0646488
Phone
6187977993
Address
3970 MARYVILLE ROAD, GRANITE CITY, IL 62040

Signing Officer

Name
Keith Burton
Title
President
Phone
6187977993
Signed
2023-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Burton
Formed
1941
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
146
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
475 REGENCY PARK SUITE 175, OFALLON, IL 62269
Preparer
Jeff Parker
Phone
6182331200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for the selection of an independent auditor and oversight of the audit. This process has not changed from the prior years.”

Financial Statement Notes

PART X, LINE 2:

“Per note 1 of the audited financial statements: the credit union evaluated its tax positions and determined no uncertain tax positions exist as of december 31, 2022 and 2021.”

Raw XML AppendixShowing 400 of 487 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/BOYAmt02946554
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03673108
IRS990/AccountsReceivableGrp/BOYAmt0793529
IRS990/AccountsReceivableGrp/EOYAmt0848288
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE COOPERATIVE FINANCIAL SERVICES TO ANYONE WHO LIVES, WORKS OR ATTENDS SCHOOL WITHIN THE FOLLOWING ILLINOIS COUNTIES: SANGAMON, LOGAN, MACON, MARION, JEFFERSON, PERRY, JACKSON, WILLIAMSON, JERSEY, MACOUPIN, MONTGOMERY, MADISON, BOND, CLINTON, ST. CLAIR, MONROE, WASHINGTON AND RANDOLPH. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD OR ADOPTIVE RELATIVES OF EITHER OF THEM AND THEIR SPOUSES MAY BE MEMBERS.
IRS990/AdvertisingGrp/TotalAmt0554806
IRS990/AllOtherExpensesGrp/TotalAmt0-488050
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIK ROMERO
IRS990/BooksInCareOfDetail/PhoneNum06187977993
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03970 MARYVILLE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRANITE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd062040
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt04018629
IRS990/CashNonInterestBearingGrp/EOYAmt04408574
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0455595
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03596055
IRS990/CYOtherExpensesAmt09515955
IRS990/CYOtherRevenueAmt0430532
IRS990/CYProgramServiceRevenueAmt016202129
IRS990/CYRevenuesLessExpensesAmt03443696
IRS990/CYSalariesCompEmpBnftPaidAmt07269065
IRS990/CYTotalExpensesAmt016785020
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt020228716
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0682705
IRS990/Desc0PROVIDES COOPERATIVE FINANCIAL SERVICES TO 37,339 MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0146
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt048000
IRS990/FeesForServicesLegalGrp/TotalAmt033811
IRS990/FeesForServicesOtherGrp/TotalAmt01270114
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1321326
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1415835
IRS990/Form990PartVIISectionAGrp/PersonNm0JIM DEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm1KEN NEWTON
IRS990/Form990PartVIISectionAGrp/PersonNm2KIM FRANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm3BARRY STUART
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm5KENNETH SHIPP
IRS990/Form990PartVIISectionAGrp/PersonNm6NICK HUNIAK
IRS990/Form990PartVIISectionAGrp/PersonNm7RON JARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm8CECIL WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm9JACK MANION
IRS990/Form990PartVIISectionAGrp/PersonNm10SCOTT SMALLIE
IRS990/Form990PartVIISectionAGrp/PersonNm11SAMUEL AKEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT LYLES
IRS990/Form990PartVIISectionAGrp/PersonNm13KEITH BURTON
IRS990/Form990PartVIISectionAGrp/PersonNm14TAMARA WOFFORD
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/ReportableCompFromOrgAmt13240557
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14177867
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/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SUPERVISORY COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11SUPERVISORY COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt07771
IRS990/GainOrLossGrp/SecuritiesAmt012523
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt042771
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02000000
IRS990/GrossReceiptsAmt022251193
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/TotalAmt01530845
IRS990/InvestmentIncomeGrp/ExclusionAmt03575761
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03575761
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01483652
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04993652
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0132034273
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0138326360
IRS990/IRPDocumentCnt06315
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016075300
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05162832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07341091
IRS990/LandBldgEquipCostOrOtherBssAmt023416391
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt035000
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01987477
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE COOPERATIVE FINANCIAL SERVICES TO ANYONE WHO LIVES, WORKS OR ATTENDS SCHOOL WITHIN THE FOLLOWING ILLINOIS COUNTIES: SANGAMON, LOGAN, MACON, MARION, JEFFERSON, PERRY, JACKSON, WILLIAMSON, JERSEY, MACOUPIN, MONTGOMERY, MADISON, BOND, CLINTON, ST. CLAIR, MONROE, WASHINGTON AND RANDOLPH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt015000000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010000000
IRS990/NetAssetsOrFundBalancesBOYAmt046158839
IRS990/NetAssetsOrFundBalancesEOYAmt033485142
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt020294
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020294
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-16117393
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0645701
IRS990/OfficeExpensesGrp/TotalAmt03780211
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019285631
IRS990/OtherAssetsTotalGrp/EOYAmt019645832
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01282732
IRS990/OtherExpensesGrp/Desc0UBIT EXPENSES
IRS990/OtherExpensesGrp/Desc1DIVIDENDS ON ACCOUNTS
IRS990/OtherExpensesGrp/Desc2ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc3MISC OPERATING EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0598
IRS990/OtherExpensesGrp/TotalAmt11272182
IRS990/OtherExpensesGrp/TotalAmt245575
IRS990/OtherExpensesGrp/TotalAmt335507
IRS990/OtherLiabilitiesGrp/BOYAmt0383983668
IRS990/OtherLiabilitiesGrp/EOYAmt0389458103
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/BusinessCd1522100
IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0413225
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt117307
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0413225
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt117307
IRS990/OtherRevenueTotalAmt0430532
IRS990/OtherSalariesAndWagesGrp/TotalAmt04853612
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0231881857
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0249537740
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0427022
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0250104
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEITH BURTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST-MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1INTERCHANGE FEES
IRS990/ProgramServiceRevenueGrp/Desc2FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3CORPORATE CREDIT UNION CAPITAL D
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011161157
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12546406
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22110467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3312543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011161157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12546406
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22182023
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3312543
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt071556
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01393430
IRS990/PYOtherExpensesAmt07816171
IRS990/PYOtherRevenueAmt0398155
IRS990/PYProgramServiceRevenueAmt017811904
IRS990/PYRevenuesLessExpensesAmt04702483
IRS990/PYSalariesCompEmpBnftPaidAmt07084835
IRS990/PYTotalExpensesAmt014901006
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019603489
IRS990/ReconcilationRevenueExpnssAmt03443696
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt046158839
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt033485142
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053428658
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011514816
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02734036
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06842740
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09576776
IRS990ScheduleD/EquipmentGrp/BookValueAmt02630775
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09232560
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011863335
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016785020
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01976280
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01976280
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-16117393
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1389400669
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DIVIDENDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBERS SHARE DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0-16117393
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt020228716
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PER NOTE 1 OF THE AUDITED FINANCIAL STATEMENTS: THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2022 AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07341091
IRS990ScheduleD/TotalExpensesPerForm990Amt016785020
IRS990ScheduleD/TotalLiabilityAmt0389458103
IRS990ScheduleD/TotalRevenuePerForm990Amt020228716
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04111323
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016785020
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0240557
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1177867
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt017683
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt114792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt03643
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt11043
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEITH BURTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TAMARA WOFFORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0261883
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1193702
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION IS A CREDIT UNION. THEREFORE, IN ORDER TO OPEN AN ACCOUNT, AN INDIVIDUAL MUST BECOME A MEMBER OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE FULL MEMBERSHIP OF THE CREDIT UNION PRIMARILY VIA PROXY VOTE. WHEN A NEW MEMBER SIGNS UP WITH THE CREDIT UNION, THEY MAY ALSO SIGN A PROXY CARD STATING THAT THE DIRECTORS CAN CAST THEIR VOTES ON THEIR BEHALF. AT THE ANNUAL MEMBERSHIP MEETING, THE PROXY VOTES ARE CAST FOR THE DIRECTORS WHO ARE NOMINATED FROM THE BOARD'S BALLOT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW, APPROVAL AND SIGNATURE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERSONS INDEPENDENT OF THE ORGANIZATION'S PRESIDENT AND KEY EMPLOYEES HAVE DETERMINED THE COMPENSATION FOR THESE POSITIONS BASED ON COMPARABILITY DATA AND OTHER FACTORS AND HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$436,616,353
Liabilities
$403,131,211
Net assets
$33,485,142
Revenue
$20,228,716
Expenses
$16,785,020
Net income
$3,443,696
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$461$420$40.3$25.0$24.1$0.89
2022Detailed filing. Detailed filing data is available for this year.$437$403$33.5$20.2$16.8$3.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$448$402$46.2$19.6$14.9$4.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$398$354$43.5$18.5$16.5$2.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$347$306$41.5$20.1$19.3$0.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$345$305$40.5$19.4$18.9$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$328$289$39.7$18.0$17.2$0.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$323$285$38.7$16.8$15.9$0.92
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$313$275$37.4$16.2$15.1$1.13
2014Detailed filing. Detailed filing data is available for this year.$309$273$36.2$16.2$15.5$0.70