Civic Intelligence

Credit Union 1

990 • Fiscal year 2020 • EIN 37-0767435

Jan 01, 2020 to Dec 31, 2020 • Filed on May 19, 2021

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

85th percentile

0.92x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)14 • $1B+ nonprofits • Source year 2020

Liabilities / Revenue

20th percentile

17.37x

Higher debt load relative to revenue than 20% of similar nonprofits.

2020 filings • 501(c)14 • $1B+ nonprofits • Source year 2020

Net Margin

34th percentile

11%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)14 • $1B+ nonprofits • Source year 2020

Top Officer Pay

6th percentile

$479,246

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)14 • $1B+ nonprofits • Source year 2020

Asset Growth

71st percentile

22%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

3.8%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$1,171,433,354

Up $212,801,654 (+22%) from 2019

Net Assets

Up

$96,209,271

Up $7,034,742 (+7.9%) from 2019

Liabilities

Up

$1,075,224,083

Up $205,766,912 (+24%) from 2019

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin34th percentile

Revenue

Up

$61,895,810

Up $2,266,444 (+3.8%) from 2019

Expenses

Up

$54,861,066

Up $3,253,318 (+6.3%) from 2019

Net Income

Down

$7,034,744

Down $986,874 (-12%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth71st 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

2020

Assets$1,171,433,354
Liabilities$1,075,224,083
Net Assets$96,209,271
Open 2020 Filing

Operations Trend

Revenue Growth60th 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

2020

Revenue$61,895,810
Expenses$54,861,066
Net Income$7,034,744
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 19, 2021
Return Version
2020v4.1
Gross Receipts
$62,677,308
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$622,407,552$703,405,930▲ $80,998,378
Investments in Publicly Traded Securities$225,799,571$189,959,867▼ $35,839,704
Cash and Non-Interest-Bearing Accounts$6,733,141$141,826,551▲ $135,093,410
Rtn Earn Endowment Incm Other Fnds$89,174,529$96,209,271▲ $7,034,742
Savings and Temporary Cash Investments$59,322,751$75,314,421▲ $15,991,670
Land, Buildings, and Equipment, Net$18,789,005$17,695,114▼ $1,093,891
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$958,631,700$1,171,433,354▲ $212,801,654
Other Assets Total$25,296,790$42,948,581▲ $17,651,791
Liabilities
Other Liabilities$859,950,201$1,061,550,340▲ $201,600,139
Accounts Payable and Accrued Expenses$9,506,970$13,673,743▲ $4,166,773
Total Liabilities$869,457,171$1,075,224,083▲ $205,766,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$89,174,529$96,209,271▲ $7,034,742
Total Liabilities and Net Assets / Fund Balance$958,631,700$1,171,433,354▲ $212,801,654

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,695,061$12,567,420$21,262,481
Other Land Buildings$367,739$7,055,453$7,423,192
Leasehold Improvements$1,728,106$4,120,485$5,848,591
Land$5,119,514-$5,119,514
Equipment$1,784,694$2,483,490$4,268,184
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd GundersonCEO/director/treasurerFT$407,173$72,073$479,246
Paul FichterGeneral Counsel/SVP LegalFT$262,284$66,200$328,484
Richard BroaddusSVP/CFOFT$229,533$62,948$292,481
Scott McdonaldControllerFT$195,755$57,261$253,016
Brenda CraneSVP/chief Lending OfficerFT$167,146$85,328$252,474
Kevin AllenSVP/chief Member SolutionFT$197,847$52,894$250,741
Sue HeyenVP Human Resources & TrainFT$175,443$44,519$219,962
Michael HirtSVP/chief Technology OfficFT$167,199$48,631$215,830
Paul SimonsDirectorFT$12,272$155,428$167,700
Jeff RothmeyerChief Lending OfficerFT$113,138$1,150$114,288

Board Members and Trustees

NameTitle
Robert EberhardtDirector - Chair
Dan LongDirector
Daniel RicciDirector
Kent YagerDirector
Rex TolliverDirector
Thomas Wells JrDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Allied Benefit Systems INCEmployee Benefits300 W ADAMS STREET SUITE 500, Chicago, IL 60606$843,342
22nd St LLC Butterfield PropertiesRent477 E BUTTERFIELD ROAD STE 202, Lombard, IL 60148$338,339
Atrium Mall LLCRentPO BOX 9507, Boston, MA 02114-9507$232,940
Virtual SystemsColocation Rent2540 44TH ST SE SUITE 303-B, Grand Rapids, MI 49512$230,116
Comar Properties INCEmployee Benefits200 WEST ADAMS STREET SUITE 500, Chicago, IL 60606$194,688
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$29,437,299
Investment Income
$6,266,977
Other Revenue
$26,191,534
Change in Net Assets
$7,034,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,584,139
Salaries, Compensation, and Employee Benefits$25,276,927
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$17,211,573
Other Employee Benefits---$5,491,132
Information Technology---$3,246,279
Advertising---$2,818,083
Current Officers, Directors, Trustees, and Key Employees---$2,574,222
All Other Expenses---$1,930,092
Other Expenses---$1,783,360
Depreciation Depletion---$1,642,422
Occupancy---$1,561,107
Office Expenses---$1,421,028
Fees for Services Other---$1,198,706
Interest---$1,012,429
Travel---$325,699
Insurance---$186,933
Total Functional Expenses$0$0$0$54,861,066
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)$355,811,479
Money Market Share Deposit$217,331,654
Share Draft Deposits$200,199,476
Share Certificate Deposits$127,431,725
High Yield Savings$71,001,621
Fhlb Advance$54,000,000
Ira Certificates$35,774,385
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
2021-05-19

Organization Details

Principal Officer
Richard Broaddus
Formed
1958
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
7
Employees
465
Volunteers
7

Preparer

Firm
Gbq Partners LLC
Address
4030 SMITH ROAD SUITE 400, 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 656 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/ReportableCompFromOrgAmt12211378
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13245277
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14243419
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR - CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO/DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SVP/CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL COUNSEL/SVP LEGAL
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11SVP/CHIEF TECHNOLOGY OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP HUMAN RESOURCES & TRAIN
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP/CHIEF MEMBER SOLUTION
IRS990/Form990PartVIISectionAGrp/TitleTxt14CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF LENDING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0154943
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0936441
IRS990/GrossReceiptsAmt062677308
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt03246279
IRS990/InsuranceGrp/TotalAmt0186933
IRS990/InterestGrp/TotalAmt01012429
IRS990/InvestmentIncomeGrp/ExclusionAmt06112034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06112034
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0282890
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0282890
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0225799571
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0189959867
IRS990/IRPDocumentCnt017700
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026226848
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018789005
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017695114
IRS990/LandBldgEquipCostOrOtherBssAmt043921962
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0781498
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt089174529
IRS990/NetAssetsOrFundBalancesEOYAmt096209271
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0154943
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0154943
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01561107
IRS990/OfficeExpensesGrp/TotalAmt01421028
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025296790
IRS990/OtherAssetsTotalGrp/EOYAmt042948581
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05491132
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1DIVIDEND EXPENSE
IRS990/OtherExpensesGrp/Desc2VISA / ATM
IRS990/OtherExpensesGrp/Desc3CREDIT OPERATIONAL COST
IRS990/OtherExpensesGrp/TotalAmt06269764
IRS990/OtherExpensesGrp/TotalAmt13702671
IRS990/OtherExpensesGrp/TotalAmt22485566
IRS990/OtherExpensesGrp/TotalAmt31783360
IRS990/OtherLiabilitiesGrp/BOYAmt0859950201
IRS990/OtherLiabilitiesGrp/EOYAmt01061550340
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt026191534
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt026191534
IRS990/OtherRevenueTotalAmt026191534
IRS990/OtherSalariesAndWagesGrp/TotalAmt017211573
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0622407552
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0703405930
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD BROADDUS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt029437299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt029437299
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015235878
IRS990/PYOtherExpensesAmt029165463
IRS990/PYOtherRevenueAmt0250928
IRS990/PYProgramServiceRevenueAmt044142560
IRS990/PYRevenuesLessExpensesAmt08021618
IRS990/PYSalariesCompEmpBnftPaidAmt022442285
IRS990/PYTotalExpensesAmt051607748
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt059629366
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt07034744
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt089174529
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt096209271
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059322751
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075314421
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08695061
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012567420
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021262481
IRS990ScheduleD/EquipmentGrp/BookValueAmt01784694
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02483490
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04268184
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt05119514
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05119514
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01728106
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04120485
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05848591
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0367739
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07055453
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07423192
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0200199476
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1355811479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2217331654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3127431725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt435774385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt571001621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt654000000
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/OtherLiabilitiesOrgGrp/Desc6FHLB ADVANCE
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/TotalBookValueLandBuildingsAmt017695114
IRS990ScheduleD/TotalLiabilityAmt01061550340
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0407173
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1262284
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2229533
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3195755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4167146
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5197847
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6175443
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt7167199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt812272
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount057240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount155351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount250591
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount347250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount447250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount547250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount635521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount739312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount870000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,171,433,354
Liabilities
$1,075,224,083
Net assets
$96,209,271
Revenue
$61,895,810
Expenses
$54,861,066
Net income
$7,034,744
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