Civic Intelligence

Credit Union 1

990 • Fiscal year 2019 • EIN 37-0767435

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileWWW.CREDITUNION1.ORG

View Organization Page

200 E Champaign AveRantoul, IL 61866-2930

(800) 252-6950

Siviq Scores

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

Liabilities / Assets

81st percentile

0.91x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

30th percentile

14.58x

Higher debt load relative to revenue than 30% of similar nonprofits.

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

Net Margin

45th percentile

13%

Higher net margin than 45% of similar nonprofits.

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

Top Officer Pay

71st percentile

$527,815

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

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

Asset Growth

92nd percentile

13%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

89th percentile

18%

Faster revenue growth than 89% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$958,631,700

Up $113,338,149 (+13%) from 2018

Net Assets

Up

$89,174,529

Up $8,021,619 (+9.9%) from 2018

Liabilities

Up

$869,457,171

Up $105,316,530 (+14%) from 2018

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin45th percentile

Revenue

Up

$59,629,366

Up $9,102,009 (+18%) from 2018

Expenses

Up

$51,607,748

Up $7,465,660 (+17%) from 2018

Net Income

Up

$8,021,618

Up $1,636,349 (+26%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2019

Assets$958,631,700
Liabilities$869,457,171
Net Assets$89,174,529
Open 2019 Filing

Operations Trend

Revenue Growth89th 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

2019

Revenue$59,629,366
Expenses$51,607,748
Net Income$8,021,618
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$60,687,310
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$504,881,400$622,407,552▲ $117,526,152
Investments in Publicly Traded Securities$258,808,709$225,799,571▼ $33,009,138
Rtn Earn Endowment Incm Other Fnds$81,152,910$89,174,529▲ $8,021,619
Savings and Temporary Cash Investments$31,253,572$59,322,751▲ $28,069,179
Land, Buildings, and Equipment, Net$18,826,816$18,789,005▼ $37,811
Cash and Non-Interest-Bearing Accounts$8,058,472$6,733,141▼ $1,325,331
Investments Program Related$282,890$282,890→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$845,293,551$958,631,700▲ $113,338,149
Other Assets Total$23,181,692$25,296,790▲ $2,115,098
Liabilities
Other Liabilities$757,811,552$859,950,201▲ $102,138,649
Accounts Payable and Accrued Expenses$6,329,089$9,506,970▲ $3,177,881
Total Liabilities$764,140,641$869,457,171▲ $105,316,530
Net Assets / Fund Balance
Total Net Assets Fund Balance$81,152,910$89,174,529▲ $8,021,619
Total Liabilities and Net Assets / Fund Balance$845,293,551$958,631,700▲ $113,338,149

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,877,641$12,657,599$22,535,240
Other Land Buildings$429,518$7,401,554$7,831,072
Land$5,526,081-$5,526,081
Leasehold Improvements$1,319,812$4,113,369$5,433,181
Equipment$1,635,953$1,906,371$3,542,324
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul SimonsCEO/director/treasurerFT$380,000$147,815$527,815
Todd GundersonEvp/chief Operations OfficFT$212,019$63,196$275,215
Paul FichterGeneral Counsel/SVP LegalFT$202,769$68,474$271,243
Richard BroaddusSVP/CFOFT$178,121$64,322$242,443
Brenda CraneSVP/chief Lending OfficerFT$174,624$44,458$219,082
Kevin AllenSVP/chief Member Solution & Operations OfficerFT$165,154$21,706$186,860
Kevin AllenSVP/chief Member Solution & Operatio-$164,904$21,956$186,860
Michael HirtSVP/chief Technology OfficFT$145,600$39,120$184,720
James McneilSenior VP Risk ManagementFT$118,389$55,271$173,660
Sue HeyenVP Human Resources & TrainFT$131,201$39,117$170,318

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
Allied Benefit Systems INCEmployee Benefits300 W ADAMS STREET SUITE 500, Chicago, IL 60606$720,381
Gpx Ommunications LLC Envolve IpPhonesPO BOX 1023, Southeastern, PA 19398-1023$388,346
22nd St LLC Butterfield PropertiesRent477 E BUTTERFIELD ROAD STE 202, Lombard, IL 60148$329,132
Virtual SystemsColocation Rent2540 44TH ST SE SUITE 303-B, Grand Rapids, MI 49512$230,476
Atrium Mall LLCRentPO BOX 9507, Boston, MA 02114-9507$223,811
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$44,142,560
Investment Income
$15,235,878
Other Revenue
$250,928
Change in Net Assets
$8,021,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,165,463
Salaries, Compensation, and Employee Benefits$22,442,285
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$14,609,312
Other Employee Benefits---$5,581,617
Interest---$5,160,913
Information Technology---$2,364,268
Current Officers, Directors, Trustees, and Key Employees---$2,251,356
Depreciation Depletion---$1,773,582
All Other Expenses---$1,747,601
Occupancy---$1,658,724
Advertising---$1,605,271
Office Expenses---$1,427,044
Fees for Services Other---$1,190,882
Other Expenses---$1,006,735
Travel---$667,155
Insurance---$172,951
Total Functional Expenses$0$0$0$51,607,748
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)$291,302,050
Money Market Share Deposit$206,839,731
Share Draft Deposits$146,473,282
Share Certificate Deposits$127,288,385
High Yield Savings$52,772,296
Ira Certificates$35,274,457
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 senior vice president of finance, senior vp risk management, 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 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
Richard Broaddus
Title
CFO/SVP
Phone
8002526950
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Broaddus
Formed
1958
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
7
Employees
428
Volunteers
7

Preparer

Firm
Gbq Partners LLC
Address
4030 SMITH ROAD, CINCINNATI, OH 45209
Preparer
Gregory Heimkreiter
Phone
5138713033
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“Supervisory committee engages the cpa firm for an annual audit of the financial statement. Additionally the supervisory committee supervises the enterprise risk management department dept 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.”

Raw XML AppendixShowing 400 of 669 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12246433
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13165154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14234560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15144867
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO/DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP/CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SVP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP/CHIEF TECHNOLOGY OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP HUMAN RESOURCES & TRAIN
IRS990/Form990PartVIISectionAGrp/TitleTxt12EVP/CHIEF OPERATIONS OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP/CHIEF MEMBER SOLUTION & OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14GENERAL COUNSEL/SVP LEGAL
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR VP RISK MANAGEMENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-9814
IRS990/GainOrLossGrp/SecuritiesAmt03264087
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0107129
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04205088
IRS990/GrossReceiptsAmt060687310
IRS990/GrossRentsGrp/RealAmt0250928
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt02364268
IRS990/InsuranceGrp/TotalAmt0172951
IRS990/InterestGrp/TotalAmt05160913
IRS990/InvestmentIncomeGrp/ExclusionAmt011981605
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011981605
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0282890
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0282890
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0258808709
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0225799571
IRS990/IRPDocumentCnt019266
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026078893
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018826816
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018789005
IRS990/LandBldgEquipCostOrOtherBssAmt044867898
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0116943
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0941001
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/NetAssetsOrFundBalancesBOYAmt081152910
IRS990/NetAssetsOrFundBalancesEOYAmt089174529
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt03254273
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03254273
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0250928
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0250928
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01658724
IRS990/OfficeExpensesGrp/TotalAmt01427044
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023181692
IRS990/OtherAssetsTotalGrp/EOYAmt025296790
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05581617
IRS990/OtherExpensesGrp/Desc0DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc1PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc2VISA / ATM
IRS990/OtherExpensesGrp/Desc3CREDIT OPERATIONAL COST
IRS990/OtherExpensesGrp/TotalAmt05132945
IRS990/OtherExpensesGrp/TotalAmt13119851
IRS990/OtherExpensesGrp/TotalAmt22137541
IRS990/OtherExpensesGrp/TotalAmt31006735
IRS990/OtherLiabilitiesGrp/BOYAmt0757811552
IRS990/OtherLiabilitiesGrp/EOYAmt0859950201
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt014609312
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0504881400
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0622407552
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD BROADDUS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2INTERCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INSURANCE REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026958925
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111545292
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24224838
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31413505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026958925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111545292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24224838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31413505
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt012130728
IRS990/PYOtherExpensesAmt025160407
IRS990/PYOtherRevenueAmt0237008
IRS990/PYProgramServiceRevenueAmt038159621
IRS990/PYRevenuesLessExpensesAmt06385269
IRS990/PYSalariesCompEmpBnftPaidAmt018981681
IRS990/PYTotalExpensesAmt044142088
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt050527357
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt08021618
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0250928
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt081152910
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt089174529
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031253572
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059322751
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09877641
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012657599
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt022535240
IRS990ScheduleD/EquipmentGrp/BookValueAmt01635953
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01906371
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03542324
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05526081
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05526081
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01319812
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04113369
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05433181
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0429518
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07401554
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07831072
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0146473282
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1291302050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2206839731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3127288385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt435274457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt552772296
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/OtherLiabilitiesOrgGrp/Desc5HIGH YIELD SAVINGS
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/TotalBookValueLandBuildingsAmt018789005
IRS990ScheduleD/TotalLiabilityAmt0859950201
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/PaymentsForUseOfResidenceInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0380000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1174624
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2178121
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3145600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4131201
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5212019
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6164904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt7202769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt8118389

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$958,631,700
Liabilities
$869,457,171
Net assets
$89,174,529
Revenue
$59,629,366
Expenses
$51,607,748
Net income
$8,021,618
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