Civic Intelligence

Credit Union 1

EIN 37-0767435 • 501(c)14 • Rantoul, IL

Profile

Credit union 1 is a member-owned and controlled financial institution dedicated to providing convenient and competitive services as a means of improving ongoing economic well-being of our members while promoting growth and maintaining the credit union's long-term financial stability.

200 E Champaign AveRantoul, IL 61866-2930

www.creditunion1.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.92x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

19.61x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2022

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

29%

Faster asset growth than 98% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

1.7%

Faster revenue growth than 5% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,873,446,949

Up $174,418,282 (+10%) from 2023

Liabilities

Up

$1,715,980,762

Up $149,884,929 (+9.6%) from 2023

Net Assets

Up

$157,466,187

Up $24,533,353 (+18%) from 2023

Revenue

Up

$107,315,887

Up $9,252,960 (+9.4%) from 2023

Expenses

Up

$103,205,283

Up $14,999,990 (+17%) from 2023

Net Income

Down

$4,110,604

Down $5,747,030 (-58%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0B$1.5B$1.0B$500M$0Assets 2013: $745,918,714Liabilities 2013: $687,258,011Net Assets 2013: $58,660,7032013Assets 2014: $746,663,488Liabilities 2014: $685,194,165Net Assets 2014: $61,469,3232014Assets 2015: $773,159,834Liabilities 2015: $707,860,891Net Assets 2015: $65,298,9432015Assets 2016: $789,470,481Liabilities 2016: $720,255,004Net Assets 2016: $69,215,4772016Assets 2017: $826,333,195Liabilities 2017: $751,565,554Net Assets 2017: $74,767,6412017Assets 2018: $845,293,551Liabilities 2018: $764,140,641Net Assets 2018: $81,152,9102018Assets 2019: $958,631,700Liabilities 2019: $869,457,171Net Assets 2019: $89,174,5292019Assets 2020: $1,171,433,354Liabilities 2020: $1,075,224,083Net Assets 2020: $96,209,2712020Assets 2021: $1,226,789,437Liabilities 2021: $1,119,898,189Net Assets 2021: $106,891,2482021Assets 2022: $1,585,978,393Liabilities 2022: $1,455,360,872Net Assets 2022: $130,617,5212022Assets 2023: $1,699,028,667Liabilities 2023: $1,566,095,833Net Assets 2023: $132,932,8342023Assets 2024: $1,873,446,949Liabilities 2024: $1,715,980,762Net Assets 2024: $157,466,1872024

Highlighted filing

2024

Assets$1,873,446,949
Liabilities$1,715,980,762
Net Assets$157,466,187

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0Revenue 2013: $37,302,606Expenses 2013: $35,377,494Net Income 2013: $1,925,1122013Revenue 2014: $36,824,051Expenses 2014: $34,023,279Net Income 2014: $2,800,7722014Revenue 2015: $38,015,498Expenses 2015: $34,185,878Net Income 2015: $3,829,6202015Revenue 2016: $39,294,201Expenses 2016: $35,443,230Net Income 2016: $3,850,9712016Revenue 2017: $44,099,722Expenses 2017: $39,730,078Net Income 2017: $4,369,6442017Revenue 2018: $50,527,357Expenses 2018: $44,142,088Net Income 2018: $6,385,2692018Revenue 2019: $59,629,366Expenses 2019: $51,607,748Net Income 2019: $8,021,6182019Revenue 2020: $61,895,810Expenses 2020: $54,861,066Net Income 2020: $7,034,7442020Revenue 2021: $72,991,911Expenses 2021: $59,187,636Net Income 2021: $13,804,2752021Revenue 2022: $74,221,901Expenses 2022: $64,352,203Net Income 2022: $9,869,6982022Revenue 2023: $98,062,927Expenses 2023: $88,205,293Net Income 2023: $9,857,6342023Revenue 2024: $107,315,887Expenses 2024: $103,205,283Net Income 2024: $4,110,6042024

Highlighted filing

2024

Revenue$107,315,887
Expenses$103,205,283
Net Income$4,110,604

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$107,315,887
Mission and Program Overview

Mission

Credit union 1 is a member-owned and controlled financial institution dedicated to providing convenient and competitive services as a means of improving ongoing economic well-being of our members while promoting growth and maintaining the credit union's long-term financial stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,185,868,768$1,335,660,198▲ $149,791,430
Savings and Temporary Cash Investments$326,828,578$234,057,494▼ $92,771,084
Rtn Earn Endowment Incm Other Fnds$132,932,834$157,466,187▲ $24,533,353
Investments Other Securities$20,738,181$95,510,984▲ $74,772,803
Cash and Non-Interest-Bearing Accounts$22,296,665$30,123,730▲ $7,827,065
Land, Buildings, and Equipment, Net$20,862,105$24,979,602▲ $4,117,497
Investments in Publicly Traded Securities$30,290,786$11,453,556▼ $18,837,230
Loans From Officers Directors$2,785,481$3,102,843▲ $317,362
Investments Program Related$652,936$0▼ $652,936
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,699,028,667$1,873,446,949▲ $174,418,282
Other Assets Total$91,490,648$141,661,385▲ $50,170,737
Liabilities
Other Liabilities$1,494,908,151$1,654,888,818▲ $159,980,667
Accounts Payable and Accrued Expenses$65,379,487$54,833,651▼ $10,545,836
Escrow Account Liability$3,022,714$3,155,450▲ $132,736
Total Liabilities$1,566,095,833$1,715,980,762▲ $149,884,929
Net Assets / Fund Balance
Total Net Assets Fund Balance$132,932,834$157,466,187▲ $24,533,353
Total Liabilities and Net Assets / Fund Balance$1,699,028,667$1,873,446,949▲ $174,418,282

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,219,204$3,044,832$15,264,036
Other Land Buildings$6,581,697$5,301,478$11,883,175
Buildings$2,606,931$7,146,738$9,753,669
Equipment$2,289,601$6,629,437$8,919,038
Land$1,282,169-$1,282,169
Other Assets Org$14,354,357--
Other Securities$95,510,984--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd GundersonCEO/president/directorFT$628,880$278,770$907,650
Paul FichterChief Legal CounselFT$321,054$181,166$502,220
Jeff Lyle RothmeyerChief Lending OfficerFT$318,811$180,565$499,376
Scott McdonaldEvp, Chief Financial OfficFT$321,726$172,730$494,456
Michael HirtSVP, Chief Technology OffiFT$250,001$157,848$407,849
Michael EckChief Marketing OfficerFT$256,352$150,383$406,735
Robert EberhardtDirector - Chair-$21,600$26,923$48,523
Dan LongDirector-$14,400$11,205$25,605
Kent YagerDirector-$14,400$11,205$25,605
Jason Rex TolliverDirector-$14,400$384$14,784
Thomas Wells JrDirector - Secretary-$14,400$11$14,411
David ThurstonDirector - Vice Chair-$14,400$4$14,404
Hallie OlsenDirector-$14,400$4$14,404
Paul SimonsDirector-$14,400$4$14,404

Highest Paid Contractors

ContractorServicesLocationCompensation
Q2 Software INCOnline Banking PlatormPO BOX 205970, Dallas, TX 75320-5970$2,112,818
University Of Notre Dame AthleticsUniversity Sponsorship113 JOYCE CENTER, Notre Dame, IN 46556$1,834,454
Servion INCLoan Servicing500 MAIN STREET, New Brighton, MN 55112$1,441,021
Dei INCConstruction ServicesPO BOX 706377, Cincinnati, OH 45270-6377$1,419,710
Van Wagner Sports & EntertainmentSponsorship Fee800 THIRD AVENUE - 28TH FLOOR, Newyork, NY 10022$1,120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$58,932,856
Investment Income
$27,284,110
Other Revenue
$21,098,921
Change in Net Assets
$4,110,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$68,854,813
Salaries, Compensation, and Employee Benefits$34,350,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$24,685,872
Office Expenses---$15,859,431
Interest---$9,728,004
Occupancy---$6,860,874
Other Employee Benefits---$4,419,929
Current Officers, Directors, Trustees, and Key Employees---$2,982,576
Fees for Services Other---$2,500,051
Advertising---$2,314,504
Payroll Taxes---$2,262,093
Other Expenses---$1,269,762
All Other Expenses---$343,029
Depreciation Depletion---$176,920
Total Functional Expenses$0$0$0$103,205,283
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$2,785,481$3,102,843▲ $317,362
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Share Deposits (savings and Membership)$766,685,033
Share Draft Deposits$418,911,123
CD'S$259,268,781
Money Market Share Deposit$112,143,597
Other Liabilities$55,729,450
Iras$42,150,834
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
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

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

Credit union members, which are the depositors, elect the board of directors at the annual meeting.

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

Certain transactions and decisions may be subject to approval by members.

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

The completed 990 is reviewed by the executive vice president of finance/cfo and the president/ceo.

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

The board compliance with the conflict of interest policy has not been an issue at the credit union. Board members notify the board of potential conflicts and remove him/herself from discussion of any such areas.

Form 990, Part VI, Section B, Line 15

The board of directors reviews the president/ceo salary annually and utilizes a compensation survey prepared by cues for comparability purposes. The cues executive compensation guide is utilized by the ceo for salary comparability for officers and employees making over $100,000.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Credit Union 1
EIN
37-0767435
Phone
8002526950
Address
200 E CHAMPAIGN AVE, RANTOUL, IL 61866-2930

Signing Officer

Name
Scott Mcdonald
Title
CFO/evp
Phone
8002526950
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Mcdonald
Formed
1958
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
8
Employees
497
Volunteers
7

Preparer

Firm
Gbq Partners LLC
Address
4030 SMITH ROAD SUITE 400, CINCINNATI, OH 45209
Preparer
Kathy M Moseley
Phone
5138713033
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in fund balance due to mergers 20,435,929.

Part XII, Line 2C

Supervisory committee engages the cpa firm for an annual audit of the financial statement. Additionally the supervisory committee supervises the internal audit department which includes 3 employees.

Financial Statement Notes

PART IV, LINE 2B:

The credit union services 1st mortgage loans and as part of providing this service, collects property insurance and real estate tax payments monthly from home owners. The credit union holds the funds in escrow until the insurance premiums or tax bills are due.

PART X, LINE 2:

The internal revenue service (irs) and certain state tax authorities are evaluating what, if any, products and services provided by state chartered credit unions are subject to unrelated business income (ubit). In 2007, the irs issued certain technical advice memoranda with respect to products and services subject to ubit. There is currently very little guidance in the internal revenue code on what activities should be subject to ubit. As a result, at this time the uncertaintity regarding whether state chartered credit unions should pay income tax on certain types of net taxable income from activities that may be considered by taxing authorities as unrelated to the purpose for which the credit union was granted non-taxable status is not expected to have a material effect on the credit union's financial position or results of operations.

Raw XML AppendixShowing 400 of 614 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/BOYAmt065379487
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054833651
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY.
IRS990/AdvertisingGrp/TotalAmt02314504
IRS990/AllOtherExpensesGrp/TotalAmt0343029
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0AL NUKU VP OF ACCOUNTING
IRS990/BooksInCareOfDetail/PhoneNum02178939112
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E CHAMPAIGN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0RANTOUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0618662930
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt022296665
IRS990/CashNonInterestBearingGrp/EOYAmt030123730
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt053
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02982576
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt02112818
IRS990/ContractorCompensationGrp/CompensationAmt11834454
IRS990/ContractorCompensationGrp/CompensationAmt21441021
IRS990/ContractorCompensationGrp/CompensationAmt31419710
IRS990/ContractorCompensationGrp/CompensationAmt41120000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 205970
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1113 JOYCE CENTER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2500 MAIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 706377
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4800 THIRD AVENUE - 28TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DALLAS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1NOTRE DAME
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NEW BRIGHTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CINCINNATI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4NEWYORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0753205970
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd146556
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd255112
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd3452706377
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd410022
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Q2 SOFTWARE INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1UNIVERSITY OF NOTRE DAME ATHLETICS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SERVION INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3DEI INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4VAN WAGNER SPORTS & ENTERTAINMENT
IRS990/ContractorCompensationGrp/ServicesDesc0ONLINE BANKING PLATORM
IRS990/ContractorCompensationGrp/ServicesDesc1UNIVERSITY SPONSORSHIP
IRS990/ContractorCompensationGrp/ServicesDesc2LOAN SERVICING
IRS990/ContractorCompensationGrp/ServicesDesc3CONSTRUCTION SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4SPONSORSHIP FEE
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027284110
IRS990/CYOtherExpensesAmt068854813
IRS990/CYOtherRevenueAmt021098921
IRS990/CYProgramServiceRevenueAmt058932856
IRS990/CYRevenuesLessExpensesAmt04110604
IRS990/CYSalariesCompEmpBnftPaidAmt034350470
IRS990/CYTotalExpensesAmt0103205283
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0107315887
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0176920
IRS990/Desc0PROVIDE FINANCIAL SERVICES TO ITS MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0497
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt03022714
IRS990/EscrowAccountLiabilityGrp/EOYAmt03155450
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/TotalAmt02500051
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt026923
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111205
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2384
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt311
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt411205
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt54
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt655019
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt74
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt84
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt955019
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1051694
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1155019
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1254867
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1346288
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT EBERHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm1DAN LONG
IRS990/Form990PartVIISectionAGrp/PersonNm2JASON REX TOLLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS WELLS JR
IRS990/Form990PartVIISectionAGrp/PersonNm4KENT YAGER
IRS990/Form990PartVIISectionAGrp/PersonNm5PAUL SIMONS
IRS990/Form990PartVIISectionAGrp/PersonNm6TODD GUNDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7HALLIE OLSEN
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID THURSTON
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL FICHTER
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL HIRT
IRS990/Form990PartVIISectionAGrp/PersonNm11SCOTT MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFF LYLE ROTHMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL ECK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt021600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt114400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt214400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt314400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt414400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt514400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6852631
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt714400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt814400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9447201
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10356155
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11439437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12444509
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13360447
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/TitleTxt0DIRECTOR - CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR - SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO/PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR - VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP, CHIEF TECHNOLOGY OFFI
IRS990/Form990PartVIISectionAGrp/TitleTxt11EVP, CHIEF FINANCIAL OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF MARKETING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt063851
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt063851
IRS990/GrossReceiptsAmt0107315887
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt065
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt09728004
IRS990/InvestmentIncomeGrp/ExclusionAmt027220259
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027220259
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt020738181
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt095510984
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0652936
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt030290786
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011453556
IRS990/IRPDocumentCnt014305
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022122485
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020862105
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024979602
IRS990/LandBldgEquipCostOrOtherBssAmt047102087
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt02785481
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt03102843
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0132932834
IRS990/NetAssetsOrFundBalancesEOYAmt0157466187
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt063851
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt063851
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-13180
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt06860874
IRS990/OfficeExpensesGrp/TotalAmt015859431
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt091490648
IRS990/OtherAssetsTotalGrp/EOYAmt0141661385
IRS990/OtherChangesInNetAssetsAmt020435929
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04419929
IRS990/OtherExpensesGrp/Desc0DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2LOAN PROCESSING
IRS990/OtherExpensesGrp/Desc3BOARD & STAFF
IRS990/OtherExpensesGrp/TotalAmt018786390
IRS990/OtherExpensesGrp/TotalAmt17732092
IRS990/OtherExpensesGrp/TotalAmt23283756
IRS990/OtherExpensesGrp/TotalAmt31269762
IRS990/OtherLiabilitiesGrp/BOYAmt01494908151
IRS990/OtherLiabilitiesGrp/EOYAmt01654888818
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt021098921
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021098921
IRS990/OtherRevenueTotalAmt021098921
IRS990/OtherSalariesAndWagesGrp/TotalAmt024685872
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01185868768
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01335660198
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt02262093
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT MCDONALD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt058932856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt058932856
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019471849
IRS990/PYOtherExpensesAmt048987681
IRS990/PYOtherRevenueAmt020439798
IRS990/PYProgramServiceRevenueAmt058151280
IRS990/PYRevenuesLessExpensesAmt09857634
IRS990/PYSalariesCompEmpBnftPaidAmt039217612
IRS990/PYTotalExpensesAmt088205293
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt098062927
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04110604
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0132932834
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0157466187
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0326828578
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0234057494
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02606931
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07146738
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09753669
IRS990ScheduleD/EquipmentGrp/BookValueAmt02289601
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06629437
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08919038
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01282169
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01282169
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012219204
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03044832
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt015264036
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0127307028
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114354357
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1AMERICAN SHARE INSURANCE DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06581697
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05301478
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011883175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0418911123
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1766685033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2112143597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt342150834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4259268781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt555729450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DRAFT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER SHARE DEPOSITS (SAVINGS AND MEMBERSHIP)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET SHARE DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IRAS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CD'S
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt095510984
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION SERVICES 1ST MORTGAGE LOANS AND AS PART OF PROVIDING THIS SERVICE, COLLECTS PROPERTY INSURANCE AND REAL ESTATE TAX PAYMENTS MONTHLY FROM HOME OWNERS. THE CREDIT UNION HOLDS THE FUNDS IN ESCROW UNTIL THE INSURANCE PREMIUMS OR TAX BILLS ARE DUE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE INTERNAL REVENUE SERVICE (IRS) AND CERTAIN STATE TAX AUTHORITIES ARE EVALUATING WHAT, IF ANY, PRODUCTS AND SERVICES PROVIDED BY STATE CHARTERED CREDIT UNIONS ARE SUBJECT TO UNRELATED BUSINESS INCOME (UBIT). IN 2007, THE IRS ISSUED CERTAIN TECHNICAL ADVICE MEMORANDA WITH RESPECT TO PRODUCTS AND SERVICES SUBJECT TO UBIT. THERE IS CURRENTLY VERY LITTLE GUIDANCE IN THE INTERNAL REVENUE CODE ON WHAT ACTIVITIES SHOULD BE SUBJECT TO UBIT. AS A RESULT, AT THIS TIME THE UNCERTAINTITY REGARDING WHETHER STATE CHARTERED CREDIT UNIONS SHOULD PAY INCOME TAX ON CERTAIN TYPES OF NET TAXABLE INCOME FROM ACTIVITIES THAT MAY BE CONSIDERED BY TAXING AUTHORITIES AS UNRELATED TO THE PURPOSE FOR WHICH THE CREDIT UNION WAS GRANTED NON-TAXABLE STATUS IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024979602
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0141661385
IRS990ScheduleD/TotalBookValueSecuritiesAmt095510984
IRS990ScheduleD/TotalLiabilityAmt01654888818
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0628880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1321054
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2318811
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3321726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4250001
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5256352
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0223751
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount1126147
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount2125698
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount3117711
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount4106154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount5104095
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.