Civic Intelligence

Siu Credit Union

990 • Fiscal year 2019 • EIN 37-0722141

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

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

55th percentile

0.89x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

15.49x

Higher debt load relative to revenue than 40% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

1st percentile

$160,980

Higher top officer pay than 1% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2019

Asset Growth

18th percentile

2.3%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

6.4%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Assets

Up

$334,939,462

Up $7,503,652 (+2.3%) from 2018

Net Assets

Up

$35,916,649

Up $3,964,205 (+12%) from 2018

Liabilities

Up

$299,022,813

Up $3,539,447 (+1.2%) from 2018

Revenue

Up

$19,309,781

Up $1,154,573 (+6.4%) from 2018

Expenses

Down

$15,921,501

Down $337,032 (-2.1%) from 2018

Net Income

Up

$3,388,280

Up $1,491,605 (+79%) from 2018

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

2019

Assets$334,939,462
Liabilities$299,022,813
Net Assets$35,916,649

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

2019

Revenue$19,309,781
Expenses$15,921,501
Net Income$3,388,280
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$19,327,098
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$238,555,505$255,405,684▲ $16,850,179
Rtn Earn Endowment Incm Other Fnds$31,952,444$35,916,649▲ $3,964,205
Savings and Temporary Cash Investments$27,285,415$32,725,285▲ $5,439,870
Investments Other Securities$38,901,746$20,844,008▼ $18,057,738
Cash and Non-Interest-Bearing Accounts$5,673,865$8,231,506▲ $2,557,641
Land, Buildings, and Equipment, Net$6,249,335$5,987,677▼ $261,658
Prepaid Expenses and Deferred Charges$881,490$988,673▲ $107,183
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$327,435,810$334,939,462▲ $7,503,652
Other Assets Total$9,888,454$10,756,629▲ $868,175
Liabilities
Other Liabilities$293,154,660$295,792,083▲ $2,637,423
Accounts Payable and Accrued Expenses$1,900,688$2,696,260▲ $795,572
Escrow Account Liability$428,018$534,470▲ $106,452
Total Liabilities$295,483,366$299,022,813▲ $3,539,447
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,952,444$35,916,649▲ $3,964,205
Total Liabilities and Net Assets / Fund Balance$327,435,810$334,939,462▲ $7,503,652

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,683,784$7,593,562$9,277,346
Buildings$3,210,085$4,312,735$7,522,820
Land$1,093,808-$1,093,808
Other Securities$14,444--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike LantripPresident/CEOFT$120,317$40,663$160,980
Brian MaurizioVP Information TechnologyFT$87,540$16,525$104,065
Tracy Frischkorn-ingersollVP Human ResourcesFT$82,789$16,136$98,925
Stacy CallahanVP LendingFT$81,776$16,773$98,549
Sandy TaylorVP Finance/CFOFT$80,556$17,513$98,069
Erica PankeyVP OperationsFT$70,055$15,146$85,201
Kim BabingtonVP Business DevelopmentFT$68,426$16,546$84,972
Mark DynisVP MarketingFT$66,658$14,778$81,436
Tammy SullinsCompliance OfficerFT$56,322$13,898$70,220

Board Members and Trustees

NameTitle
Susan WillisChairman
William CapieVice Chairman (current)
Kyle HarfstVice Chairman (through May)
Chris SieversDirector
Deborah NelsonDirector
Jeff McgoyDirector
Keith McdannelDirector
Mark PetersonDirector
Barbara HumphreySecretary
Richard ParrishTreasurer (current)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,804,390
Investment Income
$1,279,374
Other Revenue
$226,017
Change in Net Assets
$3,388,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,309,781
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$19,309,781
Total Revenue per Form 990
$19,309,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,237,504
Salaries, Compensation, and Employee Benefits$5,678,997
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$3,394,913
Fees for Services Other---$2,183,891
Information Technology---$1,295,769
Current Officers, Directors, Trustees, and Key Employees---$882,417
Depreciation Depletion---$835,036
Other Employee Benefits---$810,473
Office Expenses---$716,329
Advertising---$531,898
Occupancy---$423,450
Payroll Taxes---$341,937
Pension Plan Contributions---$249,257
Conferences and Meetings---$195,361
Fees for Services Accounting---$155,205
Insurance---$116,107
Fees for Service Investment Mgmnt Fees---$86,604
Other Expenses---$55,317
Travel---$24,138
Grants to Domestic Individuals---$5,000
Fees for Services Legal---$1,481
All Other Expenses---$-11,606
Total Functional Expenses$0$0$0$15,921,501

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,921,501
Total Expenses per Audited Statements$15,921,501
Total Expenses per Form 990$15,921,501
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$2,500
Total Exempt Function Spending$2,500

Section 527 Organizations

OrganizationLocationAmount
36-3092340Naperville, IL$5,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits$295,792,083
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

During the year, the board approved the reduction of board members from 10 to 9 directors. The bylaws were amended to reflect this change and the amendment was filed with the state as required.

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 11B

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
2020-07-14
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
126
Volunteers
17

Preparer

Firm
J Tenbrink & Associates
Address
11272 S RIDGEVIEW RD, OLATHE, KS 66061
Preparer
Gerald Tenbrink
Phone
9138946214
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The credit union maintains escrow accounts for mortgages sold to fhlb.

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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN (CURRENT)
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER (CURRENT)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIRMAN (THROUGH MAY)
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP FINANCE/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP INFORMATION TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMPLIANCE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-8317
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt09000
IRS990/GrossReceiptsAmt019327098
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01295769
IRS990/InsuranceGrp/TotalAmt0116107
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01287691
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01287691
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt038901746
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt020844008
IRS990/IRPDocumentCnt08150
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011906297
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06249335
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05987677
IRS990/LandBldgEquipCostOrOtherBssAmt017893974
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt017317
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/NetAssetsOrFundBalancesBOYAmt031952444
IRS990/NetAssetsOrFundBalancesEOYAmt035916649
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-8317
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8317
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0575925
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0423450
IRS990/OfficeExpensesGrp/TotalAmt0716329
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09888454
IRS990/OtherAssetsTotalGrp/EOYAmt010756629
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0810473
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1MEMBER DIVIDENDS
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES & SUBS
IRS990/OtherExpensesGrp/TotalAmt01888008
IRS990/OtherExpensesGrp/TotalAmt11275475
IRS990/OtherExpensesGrp/TotalAmt2465041
IRS990/OtherExpensesGrp/TotalAmt355317
IRS990/OtherLiabilitiesGrp/BOYAmt0293154660
IRS990/OtherLiabilitiesGrp/EOYAmt0295792083
IRS990/OtherRevenueMiscGrp/BusinessCd0522100
IRS990/OtherRevenueMiscGrp/Desc0INCOME ON COLI INVESTMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0154178
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0154178
IRS990/OtherRevenueTotalAmt0154178
IRS990/OtherSalariesAndWagesGrp/TotalAmt03394913
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0238555505
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0255405684
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0341937
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0249257
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0881490
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0988673
IRS990/PrincipalOfficerNm0MIKE LANTRIP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES & OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NON-MEMBER ATM FEES
IRS990/ProgramServiceRevenueGrp/Desc3WARRANTY SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011662122
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16069188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011662122
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16069188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt252260
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt320820
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt052260
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt120820
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2019, THERE WERE 55,860 LOANS OUTSTANDING TOTALING $258,396,184.
IRS990/ProgSrvcAccomActy3Grp/Desc0PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $1,275,475 FOR THE YEAR.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt01410870
IRS990/PYOtherExpensesAmt010606371
IRS990/PYOtherRevenueAmt0237836
IRS990/PYProgramServiceRevenueAmt016506502
IRS990/PYRevenuesLessExpensesAmt01896675
IRS990/PYSalariesCompEmpBnftPaidAmt05647162
IRS990/PYTotalExpensesAmt016258533
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018155208
IRS990/ReconcilationRevenueExpnssAmt03388280
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt071839
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt071839
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt031952444
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt035916649
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027285415
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032725285
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/InternalFundsContributedAmt02500
IRS990ScheduleC/PoliticalExpendituresAmt02500
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0363092340
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0CUPAC IL
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt05000
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt01807 W DIEHL ROAD PO BOX 3107
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0NAPERVILLE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd0605667107
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTION TO THE CREDIT UNION POLITICAL ACTION COUNCIL OF ILLINOIS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/TotalExemptFunctionExpendAmt02500
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03210085
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04312735
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07522820
IRS990ScheduleD/EquipmentGrp/BookValueAmt01683784
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07593562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09277346
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt015921501
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01093808
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01093808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0295792083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0209500
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1820968
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt214244606
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt35051780
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4502710
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt514444
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FHLB CHICAGO STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NCUA CLF MEMBERSHIP STOCK
IRS990ScheduleD/OtherSecuritiesGrp/Desc2AFS-MORTG-BACKED SEC/CMOS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3AFS-FEDERAL AGENCY SEC
IRS990ScheduleD/OtherSecuritiesGrp/Desc4AFS-OTHER DEBT SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc5TRELLANCE, INC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt019309781
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS FOR MORTGAGES SOLD TO FHLB.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE 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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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
2019Detailed filing. Detailed filing data is available for this year.$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