Civic Intelligence

Credit Union 1

990 • Fiscal year 2013 • EIN 37-0767435

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 16, 2015

Organization ProfileWWW.CREDITUNION1.ORG

View Organization Page

200 E Champaign Ave61866

(217) 883-0112

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

18.42x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Net Margin

11th percentile

5.2%

Higher net margin than 11% of similar nonprofits.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

54th percentile

$385,297

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2013 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets91st percentile

Assets

$745,918,714

No earlier filing loaded for comparison.

Net Assets

$58,660,703

No earlier filing loaded for comparison.

Liabilities

$687,258,011

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin11th percentile

Revenue

$37,302,606

No earlier filing loaded for comparison.

Expenses

$35,377,494

No earlier filing loaded for comparison.

Net Income

$1,925,112

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2013

Assets$745,918,714
Liabilities$687,258,011
Net Assets$58,660,703
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2013

Revenue$37,302,606
Expenses$35,377,494
Net Income$1,925,112
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 16, 2015
Return Version
2013v4.0
Gross Receipts
$40,655,029
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$375,204,506$379,140,095▲ $3,935,589
Savings and Temporary Cash Investments$224,860,160$259,433,905▲ $34,573,745
Rtn Earn Endowment Incm Other Fnds$56,735,591$58,660,703▲ $1,925,112
Investments in Publicly Traded Securities$56,720,061$55,760,060▼ $960,001
Land, Buildings, and Equipment, Net$22,465,514$21,579,925▼ $885,589
Cash and Non-Interest-Bearing Accounts$6,504,030$7,760,353▲ $1,256,323
Prepaid Expenses and Deferred Charges$3,340,130$3,520,538▲ $180,408
Investments Program Related$1,285,937$1,100,860▼ $185,077
Accounts Receivable$3,967,266$311,621▼ $3,655,645
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$728,876,134$745,918,714▲ $17,042,580
Other Assets Total$34,528,530$17,311,357▼ $17,217,173
Liabilities
Other Liabilities$667,566,486$683,021,549▲ $15,455,063
Accounts Payable and Accrued Expenses$3,870,879$3,385,744▼ $485,135
Escrow Account Liability$703,178$850,718▲ $147,540
Total Liabilities$672,140,543$687,258,011▲ $15,117,468
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,735,591$58,660,703▲ $1,925,112
Total Liabilities and Net Assets / Fund Balance$728,876,134$745,918,714▲ $17,042,580

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,874,097$8,693,494-
Other Land Buildings$432,181$300,747-
Land$5,457,488--
Equipment$2,275,422$15,769,731-
Leasehold Improvements$540,737$3,710,252-
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul SimonsCEO/director/treasurerFT$316,609$68,688$385,297
Susan HejnoszEvp/chief Information OfficerFT$143,088$23,023$166,111
Michael RadliffEvp/chief Financial OfficerFT$146,029$17,670$163,699
Donna RobinsonGeneral Counsel/director/secretaryFT$139,143$20,927$160,070
Steele HendrixSenior VP MarketingFT$148,792$8,988$157,780
Brenda CraneChief Operations OfficerFT$140,991$8,571$149,562
Paul FichterAssistant General CounselFT$138,494$9,691$148,185
Ellie KrcmarSenior VP Branch OperationsFT$138,127$8,216$146,343
Richard BroaddusVice President FinanceFT$113,063$16,921$129,984
Charmaine BakerSVP Real EstateFT$121,317$7,435$128,752
Michael HirtVP Info SystemsFT$117,529$7,146$124,675
James McneilInternal AuditorFT$115,846$8,091$123,937

Board Members and Trustees

NameTitle
Daniel RicciChairman of the Board
David ScottDirector
Joseph LyonsDirector
Kent YagerDirector
Robert EberhardtDirector
Robert Larson JrDirector
Thomas Wells JrDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,683,771
Investment Income
$1,470,757
Other Revenue
$148,078
Change in Net Assets
$1,925,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,821,395
Salaries, Compensation, and Employee Benefits$16,556,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons---$10,365,901
Occupancy---$3,418,186
Other Employee Benefits---$2,676,070
All Other Expenses---$2,200,262
Depreciation Depletion---$2,004,992
Current Officers, Directors, Trustees, and Key Employees---$1,984,395
Other Expenses---$1,044,818
Payroll Taxes---$1,043,004
Office Expenses---$908,543
Information Technology---$673,569
Insurance---$615,314
Pension Plan Contributions---$486,729
Advertising---$395,927
Fees for Services Other---$383,387
Travel---$265,259
Fees for Services Accounting---$82,975
Interest---$20,000
Total Functional Expenses$0$0$0$35,377,494
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 (savings and Membership)$216,887,455
Money Market Share Deposit$209,905,237
Share Certificate Deposits$118,758,987
Share Draft Deposits$93,942,497
Ira Certificates$43,527,373
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 11

“The completed 990 is reviewed by the vice president of finanance, senior vp risk management, and president/ceo and the supervisory committee of the board of directors”

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 and decision of any such areas.”

Form 990, Part VI, Section B, Line 15

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

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

EIN
37-0767435
Phone
2178830112

Signing Officer

Name
Richard Broaddus
Title
Vice President Finance
Phone
2178830112
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Broaddus
Formed
1958
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
7
Employees
396
Volunteers
0

Preparer

Preparer
Gbq Partners LLC
Phone
6142211120
Supplemental Narrative

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.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO/DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP REAL ESTATE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EVP/CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SENIOR VP MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt13SENIOR VP BRANCH OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14EVP/CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP INFO SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSISTANT GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt18INTERNAL AUDITOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0314764
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03667187
IRS990/GrossReceiptsAmt040655029
IRS990/GrossRentsGrp/RealAmt0148078
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0673569
IRS990/InsuranceGrp/TotalAmt0615314
IRS990/InterestGrp/TotalAmt020000
IRS990/InvestmentIncomeGrp/ExclusionAmt01155993
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01155993
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01285937
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01100860
IRS990/InvestmentsPubTradedSecGrp/BOYAmt056720061
IRS990/InvestmentsPubTradedSecGrp/EOYAmt055760060
IRS990/IRPDocumentCnt016277
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt028474224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022465514
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021579925
IRS990/LandBldgEquipCostOrOtherBssAmt050054149
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03352423
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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/NetAssetsOrFundBalancesBOYAmt056735591
IRS990/NetAssetsOrFundBalancesEOYAmt058660703
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0329230
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-14466
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0314764
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0148078
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0148078
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt03418186
IRS990/OfficeExpensesGrp/TotalAmt0908543
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt034528530
IRS990/OtherAssetsTotalGrp/EOYAmt017311357
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02676070
IRS990/OtherExpensesGrp/Desc0DIVIDENDS EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2ATM
IRS990/OtherExpensesGrp/Desc3VISA
IRS990/OtherExpensesGrp/TotalAmt03183996
IRS990/OtherExpensesGrp/TotalAmt12246221
IRS990/OtherExpensesGrp/TotalAmt21377946
IRS990/OtherExpensesGrp/TotalAmt31044818
IRS990/OtherLiabilitiesGrp/BOYAmt0667566486
IRS990/OtherLiabilitiesGrp/EOYAmt0683021549
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0375204506
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0379140095
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt01043004
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0486729
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03340130
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03520538
IRS990/PrincipalOfficerNm0RICHARD BROADDUS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/Desc4SHARED BRANCH INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021029469
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19713303
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23126166
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31489761
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4325072
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021029469
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19713303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23126166
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31489761
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4325072
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0849499
IRS990/PYOtherExpensesAmt019538356
IRS990/PYOtherRevenueAmt0-1769936
IRS990/PYProgramServiceRevenueAmt037240580
IRS990/PYRevenuesLessExpensesAmt0654775
IRS990/PYSalariesCompEmpBnftPaidAmt016127012
IRS990/PYTotalExpensesAmt035665368
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt036320143
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01925112
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0148078
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt056735591
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt058660703
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0224860160
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0259433905
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012874097
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08693494
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt021567591
IRS990ScheduleD/EquipmentGrp/BookValueAmt02275422
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015769731
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt018045153
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05457488
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt05457488
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0540737
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03710252
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt04250989
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0432181
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0300747
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0732928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt093942497
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1216887455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2209905237
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3118758987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt443527373
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DRAFT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER SHARE DEPOSITS (SAVINGS AND MEMBERSHIP)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET SHARE DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SHARE CERTIFICATE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IRA CERTIFICATES
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/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021579925
IRS990ScheduleD/TotalLiabilityAmt0683021549
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/PaymentsForUseOfResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0139143
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1316609
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2143088
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3148792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4146029
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount212500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount412500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$745,918,714
Liabilities
$687,258,011
Net assets
$58,660,703
Revenue
$37,302,606
Expenses
$35,377,494
Net income
$1,925,112
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,873$1,716$157$107$103$4.11
2023Detailed filing. Detailed filing data is available for this year.$1,699$1,566$133$98.1$88.2$9.86
2022Detailed filing. Detailed filing data is available for this year.$1,586$1,455$131$74.2$64.4$9.87
2021Detailed filing. Detailed filing data is available for this year.$1,227$1,120$107$73.0$59.2$13.8
2020Detailed filing. Detailed filing data is available for this year.$1,171$1,075$96.2$61.9$54.9$7.03
2019Detailed filing. Detailed filing data is available for this year.$959$869$89.2$59.6$51.6$8.02
2018Detailed filing. Detailed filing data is available for this year.$845$764$81.2$50.5$44.1$6.39
2017Detailed filing. Detailed filing data is available for this year.$826$752$74.8$44.1$39.7$4.37
2016Detailed filing. Detailed filing data is available for this year.$789$720$69.2$39.3$35.4$3.85
2015Detailed filing. Detailed filing data is available for this year.$773$708$65.3$38.0$34.2$3.83
2014Detailed filing. Detailed filing data is available for this year.$747$685$61.5$36.8$34.0$2.80
2013Detailed filing. Detailed filing data is available for this year.$746$687$58.7$37.3$35.4$1.93