Civic Intelligence

Credit Union 1

990 • Fiscal year 2015 • EIN 37-0767435

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

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

88th percentile

0.92x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

54th percentile

18.62x

Higher debt load relative to revenue than 54% of similar nonprofits.

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

Net Margin

31st percentile

10%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

65th percentile

$470,079

Higher top officer pay than 65% of similar nonprofits.

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

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

Asset Growth

24th percentile

3.5%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

33rd percentile

3.2%

Faster revenue growth than 33% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$773,159,834

Up $26,496,346 (+3.5%) from 2014

Net Assets

Up

$65,298,943

Up $3,829,620 (+6.2%) from 2014

Liabilities

Up

$707,860,891

Up $22,666,726 (+3.3%) from 2014

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin31st percentile

Revenue

Up

$38,015,498

Up $1,191,447 (+3.2%) from 2014

Expenses

Up

$34,185,878

Up $162,599 (+0.5%) from 2014

Net Income

Up

$3,829,620

Up $1,028,848 (+37%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth24th 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

2015

Assets$773,159,834
Liabilities$707,860,891
Net Assets$65,298,943
Open 2015 Filing

Operations Trend

Revenue Growth33rd 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

2015

Revenue$38,015,498
Expenses$34,185,878
Net Income$3,829,620
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.1
Gross Receipts
$38,095,358
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$384,324,944$386,987,566▲ $2,662,622
Investments in Publicly Traded Securities$157,903,362$210,852,720▲ $52,949,358
Savings and Temporary Cash Investments$152,775,044$126,436,750▼ $26,338,294
Rtn Earn Endowment Incm Other Fnds$61,469,323$65,298,943▲ $3,829,620
Land, Buildings, and Equipment, Net$20,949,481$20,053,637▼ $895,844
Cash and Non-Interest-Bearing Accounts$9,829,464$8,386,857▼ $1,442,607
Prepaid Expenses and Deferred Charges$3,331,748$3,560,544▲ $228,796
Investments Program Related$352,267$352,423▲ $156
Accounts Receivable$521,592$332,331▼ $189,261
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$746,663,488$773,159,834▲ $26,496,346
Other Assets Total$16,675,586$16,197,006▼ $478,580
Liabilities
Other Liabilities$681,054,797$702,718,975▲ $21,664,178
Accounts Payable and Accrued Expenses$2,963,165$3,727,491▲ $764,326
Escrow Account Liability$1,176,203$1,414,425▲ $238,222
Total Liabilities$685,194,165$707,860,891▲ $22,666,726
Net Assets / Fund Balance
Total Net Assets Fund Balance$61,469,323$65,298,943▲ $3,829,620
Total Liabilities and Net Assets / Fund Balance$746,663,488$773,159,834▲ $26,496,346

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,668,513$10,004,936$21,673,449
Equipment$1,980,019$17,614,117$19,594,136
Land$5,457,488-$5,457,488
Leasehold Improvements$542,772$4,202,491$4,745,263
Other Land Buildings$404,845$318,117$722,962
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul SimonsCEO/director/treasurerFT$349,793$120,286$470,079
Susan HejnoszEvp/chief Information OffiFT$161,408$36,790$198,198
Steele HendrixSenior VP MarketingFT$155,687$34,861$190,548
Brenda CraneChief Operations OfficerFT$146,779$34,166$180,945
Ellie KrcmarSenior VP Branch OperationFT$143,554$34,367$177,921
Paul FichterGeneral Counsel/SVP Legal OpsFT$162,158$13,513$175,671
James McneilSenior VP Risk ManagementFT$139,970$8,641$148,611
Richard BroaddusSenior Vice PresidentFT$130,165$7,613$137,778
Michael HirtVP Info SystemsFT$122,587$7,354$129,941
James KampVP Member Services/cardsFT$109,460$10,939$120,399
Tim RapsonVP Branch OperationsFT$106,361$12,740$119,101
Denver DouglasSr. Resource & Dev. AnalystFT$104,504$4,171$108,675
Theado BondsVP Branch OperationsFT$101,125$3,029$104,154

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,223,330
Investment Income
$2,539,475
Other Revenue
$252,693
Change in Net Assets
$3,829,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,136,449
Other Expenses$17,049,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$12,719,501
Occupancy---$2,657,688
Other Employee Benefits---$2,635,212
Depreciation Depletion---$1,800,173
All Other Expenses---$1,621,954
Payroll Taxes---$1,054,705
Information Technology---$1,024,703
Office Expenses---$825,730
Insurance---$795,699
Advertising---$741,948
Other Expenses---$599,160
Fees for Services Other---$440,815
Pension Plan Contributions---$391,056
Current Officers, Directors, Trustees, and Key Employees---$335,975
Travel---$314,123
Fees for Services Accounting---$68,800
Interest---$50,844
Total Functional Expenses$0$0$0$34,185,878
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)$252,931,536
Money Market Share Deposit$200,562,147
Share Draft Deposits$113,946,636
Share Certificate Deposits$94,856,678
Ira Certificates$40,421,978
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
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 finance, senior vp risk management, senior vice president, 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 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
2178939112
Address
200 E CHAMPAIGN AVE, RANTOUL, IL 61866-2930

Signing Officer

Name
Richard Broaddus
Title
Senior Vice President
Phone
2178939112
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Broaddus
Formed
1958
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
8
Employees
415
Volunteers
8

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 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 dept which includes 2 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.”

Raw XML AppendixShowing 400 of 625 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/BOYAmt02963165
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03727491
IRS990/AccountsReceivableGrp/BOYAmt0521592
IRS990/AccountsReceivableGrp/EOYAmt0332331
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/TotalAmt0741948
IRS990/AllOtherExpensesGrp/TotalAmt01621954
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RICHARD BROADDUS
IRS990/BooksInCareOfDetail/PhoneNum02178939112
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E CHAMPAIGN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0RANTOUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0618662930
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt09829464
IRS990/CashNonInterestBearingGrp/EOYAmt08386857
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0335975
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02539475
IRS990/CYOtherExpensesAmt017049429
IRS990/CYOtherRevenueAmt0252693
IRS990/CYProgramServiceRevenueAmt035223330
IRS990/CYRevenuesLessExpensesAmt03829620
IRS990/CYSalariesCompEmpBnftPaidAmt017136449
IRS990/CYTotalExpensesAmt034185878
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt038015498
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01800173
IRS990/Desc0PROVIDE FINANCIAL SERVICES TO ITS MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0415
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt01176203
IRS990/EscrowAccountLiabilityGrp/EOYAmt01414425
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt068800
IRS990/FeesForServicesOtherGrp/TotalAmt0440815
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/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
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/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt618000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt910233
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1011152
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1110782
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1210004
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt137613
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1410939
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt157354
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt163029
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt174171
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1812740
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1910209
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt208641
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT EBERHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT LARSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm2DONNA ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH LYONS
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIEL RICCI
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL SIMONS
IRS990/Form990PartVIISectionAGrp/PersonNm7THOMAS WELLS JR
IRS990/Form990PartVIISectionAGrp/PersonNm8KENT YAGER
IRS990/Form990PartVIISectionAGrp/PersonNm9BRENDA CRANE
IRS990/Form990PartVIISectionAGrp/PersonNm10SUSAN HEJNOSZ
IRS990/Form990PartVIISectionAGrp/PersonNm11STEELE HENDRIX
IRS990/Form990PartVIISectionAGrp/PersonNm12ELLIE KRCMAR
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHARD BROADDUS
IRS990/Form990PartVIISectionAGrp/PersonNm14JAMES KAMP
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL HIRT
IRS990/Form990PartVIISectionAGrp/PersonNm16THEADO BONDS
IRS990/Form990PartVIISectionAGrp/PersonNm17DENVER DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm18TIM RAPSON
IRS990/Form990PartVIISectionAGrp/PersonNm19PAUL FICHTER
IRS990/Form990PartVIISectionAGrp/PersonNm20JAMES MCNEIL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6452079
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9170712
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10187046
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11179766
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12167917
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13130165
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14109460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15122587
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16101125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17104504
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18106361
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19165462
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20139970
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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/TitleTxt9CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EVP/CHIEF INFORMATION OFFI
IRS990/Form990PartVIISectionAGrp/TitleTxt11SENIOR VP MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt12SENIOR VP BRANCH OPERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt13SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP MEMBER SERVICES/CARDS
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP INFO SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP BRANCH OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17SR. RESOURCE & DEV. ANALYST
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP BRANCH OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt19GENERAL COUNSEL/SVP LEGAL OPS
IRS990/Form990PartVIISectionAGrp/TitleTxt20SENIOR VP RISK MANAGEMENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-24914
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt054946
IRS990/GrossReceiptsAmt038095358
IRS990/GrossRentsGrp/RealAmt0252693
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01024703
IRS990/InsuranceGrp/TotalAmt0795699
IRS990/InterestGrp/TotalAmt050844
IRS990/InvestmentIncomeGrp/ExclusionAmt02564389
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02564389
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0352267
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0352423
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0157903362
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0210852720
IRS990/IRPDocumentCnt015709
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032139661
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020949481
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020053637
IRS990/LandBldgEquipCostOrOtherBssAmt052193298
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt079860
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/NetAssetsOrFundBalancesBOYAmt061469323
IRS990/NetAssetsOrFundBalancesEOYAmt065298943
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-24914
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-24914
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0252693
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0252693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt02657688
IRS990/OfficeExpensesGrp/TotalAmt0825730
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016675586
IRS990/OtherAssetsTotalGrp/EOYAmt016197006
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02635212
IRS990/OtherExpensesGrp/Desc0VISA/ATM
IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt02579301
IRS990/OtherExpensesGrp/TotalAmt12382872
IRS990/OtherExpensesGrp/TotalAmt21145619
IRS990/OtherExpensesGrp/TotalAmt3599160
IRS990/OtherLiabilitiesGrp/BOYAmt0681054797
IRS990/OtherLiabilitiesGrp/EOYAmt0702718975
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt012719501
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0384324944
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0386987566
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt01054705
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0391056
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03331748
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03560544
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/RelatedOrExemptFuncIncomeAmt020574893
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19614044
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23346176
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31197945
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4490272
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020574893
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19614044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23346176
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31197945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4490272
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01682046
IRS990/PYOtherExpensesAmt017295007
IRS990/PYOtherRevenueAmt0231554
IRS990/PYProgramServiceRevenueAmt034910451
IRS990/PYRevenuesLessExpensesAmt02800772
IRS990/PYSalariesCompEmpBnftPaidAmt016728272
IRS990/PYTotalExpensesAmt034023279
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt036824051
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03829620
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0252693
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt061469323
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt065298943
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152775044
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0126436750
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt011668513
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010004936
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021673449
IRS990ScheduleD/EquipmentGrp/BookValueAmt01980019
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017614117
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019594136
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05457488
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05457488
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0542772
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04202491
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04745263
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0404845
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0318117
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0722962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0113946636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1252931536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2200562147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt394856678
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt440421978
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/TotalBookValueLandBuildingsAmt020053637
IRS990ScheduleD/TotalLiabilityAmt0702718975
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/PaymentsForUseOfResidenceInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$773,159,834
Liabilities
$707,860,891
Net assets
$65,298,943
Revenue
$38,015,498
Expenses
$34,185,878
Net income
$3,829,620
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