Civic Intelligence

Siu Credit Union

990 • Fiscal year 2015 • EIN 37-0722141

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 09, 2016

395 N Giant City RoadCarbondale, IL 62902-6403

(618) 457-3595

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.91x

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

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

18.72x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Net Margin

45th percentile

13%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Top Officer Pay

3rd percentile

$179,354

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2015

Asset Growth

43rd percentile

5.4%

Faster asset growth than 43% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Revenue Growth

67th percentile

8.7%

Faster revenue growth than 67% of similar nonprofits.

2015 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Assets

Up

$307,205,937

Up $15,608,896 (+5.4%) from 2014

Net Assets

Up

$26,776,803

Up $1,850,836 (+7.4%) from 2014

Liabilities

Up

$280,429,134

Up $13,758,060 (+5.2%) from 2014

Revenue

Up

$14,983,459

Up $1,194,936 (+8.7%) from 2014

Expenses

Up

$13,097,084

Up $824,661 (+6.7%) from 2014

Net Income

Up

$1,886,375

Up $370,275 (+24%) from 2014

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $198,042,399Liabilities 2010: $180,786,539Net Assets 2010: $17,255,8602010Assets 2011: $230,912,075Liabilities 2011: $211,301,125Net Assets 2011: $19,610,9502011Assets 2012: $254,452,984Liabilities 2012: $232,384,695Net Assets 2012: $22,068,2892012Assets 2013: $278,162,105Liabilities 2013: $255,336,822Net Assets 2013: $22,825,2832013Assets 2014: $291,597,041Liabilities 2014: $266,671,074Net Assets 2014: $24,925,9672014Assets 2015: $307,205,937Liabilities 2015: $280,429,134Net Assets 2015: $26,776,8032015Assets 2016: $322,253,693Liabilities 2016: $293,538,005Net Assets 2016: $28,715,6882016Assets 2017: $331,014,552Liabilities 2017: $300,850,231Net Assets 2017: $30,164,3212017Assets 2018: $327,435,810Liabilities 2018: $295,483,366Net Assets 2018: $31,952,4442018Assets 2019: $334,939,462Liabilities 2019: $299,022,813Net Assets 2019: $35,916,6492019Assets 2020: $404,439,735Liabilities 2020: $364,527,564Net Assets 2020: $39,912,1712020Assets 2021: $454,722,021Liabilities 2021: $410,074,688Net Assets 2021: $44,647,3332021Assets 2022: $474,793,886Liabilities 2022: $432,509,635Net Assets 2022: $42,284,2512022Assets 2023: $477,217,950Liabilities 2023: $429,005,291Net Assets 2023: $48,212,6592023Assets 2024: $512,049,151Liabilities 2024: $456,099,248Net Assets 2024: $55,949,9032024

Highlighted filing

2015

Assets$307,205,937
Liabilities$280,429,134
Net Assets$26,776,803

Operations Trend

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

$40M$30M$20M$10M$0Expenses 2010: $9,873,6562010Expenses 2011: $10,141,7192011Expenses 2012: $10,569,1122012Revenue 2013: $13,201,881Expenses 2013: $11,348,588Net Income 2013: $1,853,2932013Revenue 2014: $13,788,523Expenses 2014: $12,272,423Net Income 2014: $1,516,1002014Revenue 2015: $14,983,459Expenses 2015: $13,097,084Net Income 2015: $1,886,3752015Revenue 2016: $16,024,534Expenses 2016: $13,890,110Net Income 2016: $2,134,4242016Revenue 2017: $16,779,774Expenses 2017: $15,124,522Net Income 2017: $1,655,2522017Revenue 2018: $18,155,208Expenses 2018: $16,258,533Net Income 2018: $1,896,6752018Revenue 2019: $19,309,781Expenses 2019: $15,921,501Net Income 2019: $3,388,2802019Revenue 2020: $19,509,001Expenses 2020: $15,829,148Net Income 2020: $3,679,8532020Revenue 2021: $21,039,502Expenses 2021: $15,352,109Net Income 2021: $5,687,3932021Revenue 2022: $21,565,820Expenses 2022: $17,137,832Net Income 2022: $4,427,9882022Revenue 2023: $25,737,726Expenses 2023: $21,684,488Net Income 2023: $4,053,2382023Revenue 2024: $32,662,757Expenses 2024: $26,386,035Net Income 2024: $6,276,7222024

Highlighted filing

2015

Revenue$14,983,459
Expenses$13,097,084
Net Income$1,886,375
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$15,111,363
Mission and Program Overview

Mission

To provide high quality financial services for our members/owners, enhancing their financial well-being while maintaining the financial strength of the credit union.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$178,264,362$195,560,765▲ $17,296,403
Investments Other Securities$71,434,143$64,284,212▼ $7,149,931
Savings and Temporary Cash Investments$26,045,578$32,000,112▲ $5,954,534
Rtn Earn Endowment Incm Other Fnds$24,925,967$26,776,803▲ $1,850,836
Land, Buildings, and Equipment, Net$6,159,979$6,009,716▼ $150,263
Cash and Non-Interest-Bearing Accounts$4,827,426$4,201,814▼ $625,612
Prepaid Expenses and Deferred Charges$835,543$853,588▲ $18,045
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$291,597,041$307,205,937▲ $15,608,896
Other Assets Total$4,030,010$4,295,730▲ $265,720
Liabilities
Other Liabilities$264,351,277$277,926,998▲ $13,575,721
Accounts Payable and Accrued Expenses$2,319,797$2,502,136▲ $182,339
Total Liabilities$266,671,074$280,429,134▲ $13,758,060
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,925,967$26,776,803▲ $1,850,836
Total Liabilities and Net Assets / Fund Balance$291,597,041$307,205,937▲ $15,608,896

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,043,306$7,020,449$8,063,755
Buildings$3,913,495$3,224,334$7,137,829
Land$1,052,915-$1,052,915
Other Securities$2,195,941--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis SchaeferCEOFT$142,671$36,683$179,354
Mike LantripVP FinanceFT$79,264$15,512$94,776
Brian MaurizioVP Information TechnologyFT$73,352$14,379$87,731
Stacy CallahanVP LendingFT$72,232$15,031$87,263
Tracy IngersollVP Human ResourcesFT$72,157$14,277$86,434
Kim BabingtonVP Business DevelopmentFT$60,092$14,331$74,423
Erica PankeyVP OperationsFT$50,345$12,561$62,906
Jarrod LewisVP OperationsFT$41,148$8,761$49,909

Board Members and Trustees

NameTitle
Susan Dallas-willisChairperson
Barbara HumphreyVice Chairperson
Gary DrakeDirector
Namdar MogharrebanDirector
Richard ParrishDirector
Thomas LindquistDirector
William CapieDirector
Kenneth BurnettSecretary
Keith McdannelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,614,422
Investment Income
$1,301,902
Other Revenue
$67,135
Change in Net Assets
$1,886,375

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,983,459
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$14,983,459
Total Revenue per Form 990
$14,983,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,175,512
Salaries, Compensation, and Employee Benefits$4,916,572
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,020,317
Fees for Services Other---$1,357,508
Information Technology---$951,235
Depreciation Depletion---$725,791
Current Officers, Directors, Trustees, and Key Employees---$722,796
Office Expenses---$721,762
Other Employee Benefits---$653,026
Occupancy---$441,713
Payroll Taxes---$317,872
Advertising---$296,917
Pension Plan Contributions---$202,561
Conferences and Meetings---$143,453
Insurance---$116,667
Fees for Service Investment Mgmnt Fees---$115,264
Fees for Services Accounting---$114,215
Other Expenses---$44,889
Travel---$13,947
All Other Expenses---$9,466
Grants to Domestic Individuals---$5,000
Total Functional Expenses$0$0$0$13,097,084

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,097,084
Total Expenses per Audited Statements$13,097,084
Total Expenses per Form 990$13,097,084
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$277,926,998
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

The credit union is mutually owned by members.

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

The board of directors are elected by the credit union members.

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

Certain significant changes are subject to approval by the credit union members; however, no such changes were made during the year.

Form 990, Part VI, Section B, Line 11

The credit union provides data to an outside accounting firm to complete the form 990. Upon completion, it is reviewed by management and the president/ceo before filing.

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

On an annual basis, all officers, directors, and committee members are required to review the conflict of interest policy, disclose any interests that could give rise to conflicts, and submit a signed statement to that effect. These statements are maintained on file at the credit union.

Form 990, Part VI, Section B, Line 15

The board of directors reviews the president/ceo's performance and determines compensation pursuant to a signed employment contract. All other management compensation is determined by the president/ceo and is presented as part of the budget package to the board of directors for approval. The board's deliberations and decisions are documented in the minutes.

Form 990, Part VI, Section C, Line 19

Financial statements are posted in the lobby, presented at the annual meeting, and are available upon request. In addition, the ncua website posts financial information as part of the quarterly call reports. Other documents, policies, and procedures are available upon request.

Filing and Contact Details

Filer

Filer Name
Siu Credit Union
EIN
37-0722141
Phone
6184573595
Address
395 N GIANT CITY ROAD, CARBONDALE, IL 62902-6403

Signing Officer

Name
Mike Lantrip
Title
President/CEO
Phone
6185498620
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Lantrip
Formed
1938
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
128
Volunteers
15

Preparer

Firm
Stephen Lang & Associates LLC
Address
14323 S OUTER 40 STE N205, CHESTERFIELD, MO 63017
Phone
3142058601
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Net assets acquired pursuant to merger 37,536.

Financial Statement Notes

PART X, LINE 2:

The credit union is exempt by statute from federal income taxes except for certain products and services which have been deemed by the internal revenue service (irs) to be unrelated to the credit union's exempt purpose. As presented in technical advice memorandums, the net taxable income from these products and services is subject to income taxes under the unrelated business income tax (ubit) regulations. In management's opinion, the credit union has no unrelated taxable business income and no accrual has been recorded. Taxing authorities have the ability to assess taxes, penalties and interest for any years for which no tax return was filed. In the opinion of management, the estimated liability for any potential tax assessment would not have a material effect on the credit union's financial position or results of operations.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11VP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP INFORMATION TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1975
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0125929
IRS990/GrossReceiptsAmt015111363
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0951235
IRS990/InsuranceGrp/TotalAmt0116667
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01303877
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01303877
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt071434143
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt064284212
IRS990/IRPDocumentCnt07133
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010244783
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06159979
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06009716
IRS990/LandBldgEquipCostOrOtherBssAmt016254499
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0127904
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt024925967
IRS990/NetAssetsOrFundBalancesEOYAmt026776803
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1975
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1975
IRS990/NetUnrelatedBusTxblIncmAmt0-71108
IRS990/NetUnrlzdGainsLossesInvstAmt0-73075
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0441713
IRS990/OfficeExpensesGrp/TotalAmt0721762
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04030010
IRS990/OtherAssetsTotalGrp/EOYAmt04295730
IRS990/OtherChangesInNetAssetsAmt037536
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0653026
IRS990/OtherExpensesGrp/Desc0MEMBER DIVIDENDS
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES
IRS990/OtherExpensesGrp/TotalAmt01395050
IRS990/OtherExpensesGrp/TotalAmt11259973
IRS990/OtherExpensesGrp/TotalAmt2467662
IRS990/OtherExpensesGrp/TotalAmt344889
IRS990/OtherLiabilitiesGrp/BOYAmt0264351277
IRS990/OtherLiabilitiesGrp/EOYAmt0277926998
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON CUSO INVESTMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019154
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019154
IRS990/OtherRevenueTotalAmt019154
IRS990/OtherSalariesAndWagesGrp/TotalAmt03020317
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0178264362
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0195560765
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0317872
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0202561
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0835543
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0853588
IRS990/PrincipalOfficerNm0MIKE LANTRIP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES & OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NON-MEMBER ATM FEES
IRS990/ProgramServiceRevenueGrp/Desc3WARRANTY SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08145307
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15388296
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08145307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15388429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt326800
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0133
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt153886
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt226800
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2015, THERE WERE 23,166 LOANS OUTSTANDING TOTALING $197,379,465.
IRS990/ProgSrvcAccomActy3Grp/Desc0PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $1,395,050 FOR THE YEAR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt01398602
IRS990/PYOtherExpensesAmt07798290
IRS990/PYOtherRevenueAmt069750
IRS990/PYProgramServiceRevenueAmt012320171
IRS990/PYRevenuesLessExpensesAmt01516100
IRS990/PYSalariesCompEmpBnftPaidAmt04469133
IRS990/PYTotalExpensesAmt012272423
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013788523
IRS990/ReconcilationRevenueExpnssAmt01886375
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt047981
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt047981
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024925967
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt026776803
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026045578
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032000112
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03913495
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03224334
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07137829
IRS990ScheduleD/EquipmentGrp/BookValueAmt01043306
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07020449
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08063755
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013097084
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01052915
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01052915
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0277926998
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0107773
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1576800
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2704366
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt338630042
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt422069290
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt52195941
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CUSO INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FHLB CHICAGO STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CLF MEMBERSHIP STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc3AFS-MORTG-BACKED SEC & CMOS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4AFS-FEDERAL AGENCY SEC
IRS990ScheduleD/OtherSecuritiesGrp/Desc5AFS-OTHER DEBT SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt014983459
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES EXCEPT FOR CERTAIN PRODUCTS AND SERVICES WHICH HAVE BEEN DEEMED BY THE INTERNAL REVENUE SERVICE (IRS) TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE. AS PRESENTED IN TECHNICAL ADVICE MEMORANDUMS, THE NET TAXABLE INCOME FROM THESE PRODUCTS AND SERVICES IS SUBJECT TO INCOME TAXES UNDER THE UNRELATED BUSINESS INCOME TAX (UBIT) REGULATIONS. IN MANAGEMENT'S OPINION, THE CREDIT UNION HAS NO UNRELATED TAXABLE BUSINESS INCOME AND NO ACCRUAL HAS BEEN RECORDED. TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, THE ESTIMATED LIABILITY FOR ANY POTENTIAL TAX ASSESSMENT WOULD NOT HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06009716
IRS990ScheduleD/TotalBookValueSecuritiesAmt064284212
IRS990ScheduleD/TotalExpensesPerForm990Amt013097084
IRS990ScheduleD/TotalLiabilityAmt0277926998
IRS990ScheduleD/TotalRevenuePerForm990Amt014983459
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014983459
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013097084
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0142671
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount04172
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012642
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt08100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DENNIS SCHAEFER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179354
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE CEO'S PERFORMANCE AND DETERMINES COMPENSATION BASED ON A SIGNED EMPLOYMENT CONTRACT. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$512$456$55.9$32.7$26.4$6.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$477$429$48.2$25.7$21.7$4.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$475$433$42.3$21.6$17.1$4.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$455$410$44.6$21.0$15.4$5.69
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$404$365$39.9$19.5$15.8$3.68
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$335$299$35.9$19.3$15.9$3.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$327$295$32.0$18.2$16.3$1.90
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$331$301$30.2$16.8$15.1$1.66
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$322$294$28.7$16.0$13.9$2.13
2015Detailed filing. Detailed filing data is available for this year.$307$280$26.8$15.0$13.1$1.89
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$292$267$24.9$13.8$12.3$1.52
2013Detailed filing. Detailed filing data is available for this year.$278$255$22.8$13.2$11.3$1.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$254$232$22.1$10.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$231$211$19.6$10.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$181$17.3$9.87