Civic Intelligence

Credit Union 1

990 • Fiscal year 2014 • EIN 37-0767435

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileWWW.CREDITUNION1.ORG

View Organization Page

200 E Champaign AveRantoul, IL 61866-2930

(217) 893-9112

Siviq Scores

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

Liabilities / Assets

89th percentile

0.92x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

18.61x

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

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Net Margin

17th percentile

7.6%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

60th percentile

$416,444

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2014

Asset Growth

8th percentile

0.1%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

25th percentile

-1.3%

Faster revenue growth than 25% of similar nonprofits.

2014 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$746,663,488

Up $744,774 (+0.1%) from 2013

Net Assets

Up

$61,469,323

Up $2,808,620 (+4.8%) from 2013

Liabilities

Down

$685,194,165

Down $2,063,846 (-0.3%) from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin17th percentile

Revenue

Down

$36,824,051

Down $478,555 (-1.3%) from 2013

Expenses

Down

$34,023,279

Down $1,354,215 (-3.8%) from 2013

Net Income

Up

$2,800,772

Up $875,660 (+45%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

2014

Assets$746,663,488
Liabilities$685,194,165
Net Assets$61,469,323
Open 2014 Filing

Operations Trend

Revenue Growth25th percentile

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

2014

Revenue$36,824,051
Expenses$34,023,279
Net Income$2,800,772
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$37,917,878
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$379,140,095$384,324,944▲ $5,184,849
Investments in Publicly Traded Securities$55,760,060$157,903,362▲ $102,143,302
Savings and Temporary Cash Investments$259,433,905$152,775,044▼ $106,658,861
Rtn Earn Endowment Incm Other Fnds$58,660,703$61,469,323▲ $2,808,620
Land, Buildings, and Equipment, Net$21,579,925$20,949,481▼ $630,444
Cash and Non-Interest-Bearing Accounts$7,760,353$9,829,464▲ $2,069,111
Prepaid Expenses and Deferred Charges$3,520,538$3,331,748▼ $188,790
Accounts Receivable$311,621$521,592▲ $209,971
Investments Program Related$1,100,860$352,267▼ $748,593
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$745,918,714$746,663,488▲ $744,774
Other Assets Total$17,311,357$16,675,586▼ $635,771
Liabilities
Other Liabilities$683,021,549$681,054,797▼ $1,966,752
Accounts Payable and Accrued Expenses$3,385,744$2,963,165▼ $422,579
Escrow Account Liability$850,718$1,176,203▲ $325,485
Total Liabilities$687,258,011$685,194,165▼ $2,063,846
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,660,703$61,469,323▲ $2,808,620
Total Liabilities and Net Assets / Fund Balance$745,918,714$746,663,488▲ $744,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,421,056$10,020,039-
Other Land Buildings$413,530$309,432-
Land$5,457,488--
Equipment$2,179,621$16,691,388-
Leasehold Improvements$477,786$3,939,951-
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul SimonsCEO/director/treasurerFT$326,658$89,786$416,444
Susan HejnoszEvp/chief Information OfficerFT$150,698$26,130$176,828
Michael RadliffEvp/chief Financial OfficerFT$154,283$20,493$174,776
Donna RobinsonGeneral Counsel/director/secretaryFT$146,220$24,001$170,221
Steele HendrixSenior VP MarketingFT$156,509$10,517$167,026
Brenda CraneChief Operations OfficerFT$137,123$21,936$159,059
Ellie KrcmarSenior VP Branch OperationsFT$133,737$22,462$156,199
Paul FichterAssistant General CounselFT$130,687$19,902$150,589
Charmaine BakerSVP Real EstateFT$130,789$7,942$138,731
Richard BroaddusVice President FinanceFT$120,221$17,500$137,721
James McneilInternal AuditorFT$121,975$8,520$130,495
Michael HirtVP Info SystemsFT$117,461$7,075$124,536
James KampVice President Member ServicesFT$103,267$10,070$113,337

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
$34,910,451
Investment Income
$1,682,046
Other Revenue
$231,554
Change in Net Assets
$2,800,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,295,007
Salaries, Compensation, and Employee Benefits$16,728,272
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$10,378,490
Other Employee Benefits---$2,591,034
Occupancy---$2,580,011
All Other Expenses---$2,265,053
Current Officers, Directors, Trustees, and Key Employees---$2,215,962
Depreciation Depletion---$1,864,954
Other Expenses---$1,098,209
Payroll Taxes---$1,046,500
Information Technology---$892,802
Office Expenses---$817,816
Advertising---$660,863
Insurance---$554,532
Pension Plan Contributions---$496,286
Fees for Services Other---$436,463
Travel---$322,540
Fees for Services Accounting---$46,350
Interest---$30,400
Total Functional Expenses$0$0$0$34,023,279
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)$230,940,540
Money Market Share Deposit$202,356,934
Share Certificate Deposits$104,524,422
Share Draft Deposits$100,376,355
Ira Certificates$42,856,546
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

“Ceo compensation is established and reviewed by the compensation subcommittee, who evaluate the ceo's performance against measurable outcomes.”

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
2178939112
Address
200 E CHAMPAIGN AVE, RANTOUL, IL 61866-2930

Signing Officer

Name
Presidentceo
Title
Vice President Finance
Phone
2178939112
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
412
Volunteers
7

Preparer

Firm
Gbq Partners LLC
Address
230 WEST STREET SUITE 700, COLUMBUS, OH 43215-2663
Preparer
Gbq Partners
Phone
6142211120
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“The credit union merged with monumental credit union (ein #36-6118255) on march 1, 2014 and bensenville community credit union (ein #36-6081261) on august 1, 2014.”

FORM 990, PART XI, LINE 9:

“MERGER 7,848.”

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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2GENERAL COUNSEL/DIRECTOR/SECRETARY
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/TitleTxt16VICE PRESIDENT MEMBER SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP INFO SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASSISTANT GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt19INTERNAL AUDITOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt07706
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01101533
IRS990/GrossReceiptsAmt037917878
IRS990/GrossRentsGrp/RealAmt0231554
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0892802
IRS990/InsuranceGrp/TotalAmt0554532
IRS990/InterestGrp/TotalAmt030400
IRS990/InvestmentIncomeGrp/ExclusionAmt01674340
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01674340
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01100860
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0352267
IRS990/InvestmentsPubTradedSecGrp/BOYAmt055760060
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0157903362
IRS990/IRPDocumentCnt015748
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030960810
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021579925
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020949481
IRS990/LandBldgEquipCostOrOtherBssAmt051910291
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01093827
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/NetAssetsOrFundBalancesBOYAmt058660703
IRS990/NetAssetsOrFundBalancesEOYAmt061469323
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt030690
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-22984
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07706
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0231554
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0231554
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02580011
IRS990/OfficeExpensesGrp/TotalAmt0817816
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017311357
IRS990/OtherAssetsTotalGrp/EOYAmt016675586
IRS990/OtherChangesInNetAssetsAmt07848
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02591034
IRS990/OtherExpensesGrp/Desc0DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2ATM
IRS990/OtherExpensesGrp/Desc3VISA
IRS990/OtherExpensesGrp/TotalAmt02598702
IRS990/OtherExpensesGrp/TotalAmt11632328
IRS990/OtherExpensesGrp/TotalAmt21493984
IRS990/OtherExpensesGrp/TotalAmt31098209
IRS990/OtherLiabilitiesGrp/BOYAmt0683021549
IRS990/OtherLiabilitiesGrp/EOYAmt0681054797
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt010378490
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0379140095
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0384324944
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt01046500
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0496286
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03520538
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03331748
IRS990/PrincipalOfficerNm0RICHARD BROADDUS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/Desc4SHARED BRANCH INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020664975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19423279
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23230361
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31216656
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4375180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020664975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19423279
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23230361
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31216656
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4375180
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01470757
IRS990/PYOtherExpensesAmt018821395
IRS990/PYOtherRevenueAmt0148078
IRS990/PYProgramServiceRevenueAmt035683771
IRS990/PYRevenuesLessExpensesAmt01925112
IRS990/PYSalariesCompEmpBnftPaidAmt016556099
IRS990/PYTotalExpensesAmt035377494
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt037302606
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02800772
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0231554
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt058660703
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt061469323
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0259433905
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0152775044
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012421056
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010020039
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt022441095
IRS990ScheduleD/EquipmentGrp/BookValueAmt02179621
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016691388
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt018871009
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05457488
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt05457488
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0477786
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03939951
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt04417737
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0413530
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0309432
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0722962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100376355
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1230940540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2202356934
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3104524422
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt442856546
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/TotalBookValueLandBuildingsAmt020949481
IRS990ScheduleD/TotalLiabilityAmt0681054797
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/PaymentsForUseOfResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0146220
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1326658
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2137123

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$746,663,488
Liabilities
$685,194,165
Net assets
$61,469,323
Revenue
$36,824,051
Expenses
$34,023,279
Net income
$2,800,772
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)14 • $250M-$1B nonprofits