Civic Intelligence

Illinois Educators Credit Union

990 • Fiscal year 2020 • EIN 37-0771458

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 15, 2021

Organization Profilewww.iecumember.org

View Organization Page

3101 Montvale DriveSpringfield, IL 62704

(217) 528-2642

Siviq Scores

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

Liabilities / Assets

58th percentile

0.90x

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

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

33rd percentile

17.98x

Higher debt load relative to revenue than 33% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$194,107

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2020

Asset Growth

8th percentile

7.2%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-9.4%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$70,012,794

Up $4,701,849 (+7.2%) from 2019

Net Assets

Up

$7,137,572

Up $473,050 (+7.1%) from 2019

Liabilities

Up

$62,875,222

Up $4,228,799 (+7.2%) from 2019

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin68th percentile

Revenue

Down

$3,496,202

Down $362,946 (-9.4%) from 2019

Expenses

Down

$3,023,152

Down $298,517 (-9.0%) from 2019

Net Income

Down

$473,050

Down $64,429 (-12%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$150M$100M$50M$0Assets 2010: $44,320,704Liabilities 2010: $40,745,276Net Assets 2010: $3,575,4282010Assets 2011: $45,581,128Liabilities 2011: $41,599,693Net Assets 2011: $3,981,4352011Assets 2013: $47,085,172Liabilities 2013: $42,740,039Net Assets 2013: $4,345,1332013Assets 2014: $48,694,724Liabilities 2014: $44,003,816Net Assets 2014: $4,690,9082014Assets 2015: $51,792,478Liabilities 2015: $47,057,097Net Assets 2015: $4,735,3812015Assets 2016: $53,136,609Liabilities 2016: $48,065,793Net Assets 2016: $5,070,8162016Assets 2017: $56,920,373Liabilities 2017: $51,433,949Net Assets 2017: $5,486,4242017Assets 2018: $58,283,995Liabilities 2018: $52,157,069Net Assets 2018: $6,126,9262018Assets 2019: $65,310,945Liabilities 2019: $58,646,423Net Assets 2019: $6,664,5222019Assets 2020: $70,012,794Liabilities 2020: $62,875,222Net Assets 2020: $7,137,5722020Assets 2021: $80,007,252Liabilities 2021: $72,189,004Net Assets 2021: $7,818,2482021Assets 2022: $100,277,471Liabilities 2022: $89,732,087Net Assets 2022: $10,545,3842022Assets 2023: $102,087,604Liabilities 2023: $90,953,244Net Assets 2023: $11,134,3602023Assets 2024: $100,738,030Liabilities 2024: $88,939,099Net Assets 2024: $11,798,9312024Assets 2025: $120,028,071Liabilities 2025: $107,432,127Net Assets 2025: $12,595,9442025

Highlighted filing

2020

Assets$70,012,794
Liabilities$62,875,222
Net Assets$7,137,572
Open 2020 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $2,807,7932010Expenses 2011: $2,562,8202011Revenue 2013: $2,839,594Expenses 2013: $2,653,238Net Income 2013: $186,3562013Revenue 2014: $3,127,670Expenses 2014: $2,781,895Net Income 2014: $345,7752014Revenue 2015: $3,310,304Expenses 2015: $3,262,971Net Income 2015: $47,3332015Revenue 2016: $3,366,919Expenses 2016: $3,031,484Net Income 2016: $335,4352016Revenue 2017: $3,404,506Expenses 2017: $2,988,898Net Income 2017: $415,6082017Revenue 2018: $3,639,970Expenses 2018: $2,999,469Net Income 2018: $640,5012018Revenue 2019: $3,859,148Expenses 2019: $3,321,669Net Income 2019: $537,4792019Revenue 2020: $3,496,202Expenses 2020: $3,023,152Net Income 2020: $473,0502020Revenue 2021: $3,585,286Expenses 2021: $2,904,610Net Income 2021: $680,6762021Revenue 2022: $5,097,247Expenses 2022: $3,516,595Net Income 2022: $1,580,6522022Revenue 2023: $5,723,602Expenses 2023: $4,901,421Net Income 2023: $822,1812023Revenue 2024: $6,471,024Expenses 2024: $5,796,688Net Income 2024: $674,3362024Revenue 2025: $7,332,940Expenses 2025: $6,555,567Net Income 2025: $777,3732025

Highlighted filing

2020

Revenue$3,496,202
Expenses$3,023,152
Net Income$473,050
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 15, 2021
Return Version
2020v4.0
Gross Receipts
$3,668,034
Mission and Program Overview

Mission

The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership.

The illinois educators credit union operates to assist its members by providing loans, deposit accounts and other financial institution services for the benefit of the entire membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$47,538,920$52,328,239▲ $4,789,319
Investments in Publicly Traded Securities$9,493,035$8,398,151▼ $1,094,884
Rtn Earn Endowment Incm Other Fnds$6,664,522$7,137,572▲ $473,050
Savings and Temporary Cash Investments$4,262,926$5,158,756▲ $895,830
Land, Buildings, and Equipment, Net$1,967,886$2,060,596▲ $92,710
Prepaid Expenses and Deferred Charges$251,089$352,963▲ $101,874
Cash and Non-Interest-Bearing Accounts$519,068$352,099▼ $166,969
Accounts Receivable$24,593$32,974▲ $8,381
Total Assets$65,310,945$70,012,794▲ $4,701,849
Other Assets Total$1,253,428$1,329,016▲ $75,588
Liabilities
Other Liabilities$53,262,656$60,938,878▲ $7,676,222
Accounts Payable and Accrued Expenses$5,383,767$1,936,344▼ $3,447,423
Total Liabilities$58,646,423$62,875,222▲ $4,228,799
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,664,522$7,137,572▲ $473,050
Total Liabilities and Net Assets / Fund Balance$65,310,945$70,012,794▲ $4,701,849

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,473,701$289,469$1,763,170
Equipment$232,895$332,990$565,885
Land$354,000-$354,000
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jody DabrowskiPresident/CEOFT$187,286$6,821$194,107
Jody Dabrowski--$187,286$6,821$194,107
Paul GaumerChief Operating OfficerFT$118,615$7,663$126,278

Board Members and Trustees

NameTitle
Daryl MorrisonChairman
Richard Bowen JrSupervisory Chair
Sheila BoozerVice Chairwoman
James KorteBoard Member
Jeff VoseBoard Member
Kathy SandersBoard Member
Laura JordanBoard Member
Richard EgglestonBoard Member
Tiffany WilliamsBoard Member
Cinda KlicknaSecretary
John MeyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,371,553
Investment Income
$124,649
Other Revenue
$0
Change in Net Assets
$473,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,892,678
Salaries, Compensation, and Employee Benefits$1,130,474
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$658,011
Current Officers, Directors, Trustees, and Key Employees$0$0$0$320,385
Other Expenses$0$0$0$242,350
Information Technology$0$0$0$222,673
Office Expenses$0$0$0$207,588
Occupancy$0$0$0$198,980
Depreciation Depletion$0$0$0$150,552
Payroll Taxes$0$0$0$74,139
Interest$0$0$0$61,856
Advertising$0$0$0$60,749
Other Employee Benefits$0$0$0$56,177
Fees for Services Accounting$0$0$0$50,555
Fees for Services Other$0$0$0$31,717
Insurance$0$0$0$25,291
Conferences and Meetings$0$0$0$22,310
Pension Plan Contributions$0$0$0$21,762
Fees for Services Legal$0$0$0$9,477
Travel$0$0$0$2,989
All Other Expenses$0$0$0$936
Total Functional Expenses$0$0$0$3,023,152
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'S SHARE ACCOUNTS$60,938,878
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Illinois Educators Credit Union
EIN
37-0771458
Phone
2175282642
Address
3101 MONTVALE DRIVE, SPRINGFIELD, IL 62704

Signing Officer

Name
Jody Dabrowski
Title
CEO
Phone
2175282642
Signed
2021-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jody Dabrowski
Formed
1938
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
31
Volunteers
11

Preparer

Firm
Lmhn Ltd
Address
900 N Webster St PO Box 87, Taylorville, IL 62568
Preparer
Richard K Hooper CPA
Phone
2178249661
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The credit union is a member owned financial institution.”

Pt VI, Line 7A

“The governing body is elected from and by the membership”

Pt VI, Line 7A

“ANNUALLY.”

Pt VI, Line 7B

“From time to time, certain decisions will be presented to”

Pt VI, Line 7B

“The membership for a vote, which is determined on a case”

Pt VI, Line 7B

“BY CASE BASIS.”

Pt VI, Line 11B

“Copies of the final form 990 and schedules were made”

Pt VI, Line 11B

“Available to each board member prior to being filed with”

Pt VI, Line 11B

“The irs. Board members were asked to review the return”

Pt VI, Line 11B

“Individually and to contact the return preparer, other”

Pt VI, Line 11B

“Board members, or executive officers with any questions”

Pt VI, Line 11B

“OR CONCERNS.”

Pt VI, Line 19

“The credit union's governing documents and financial”

Pt VI, Line 19

“Statements are available to the public upon request.”

Raw XML AppendixShowing 400 of 485 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/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09493035
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08398151
IRS990/IRPDocumentCnt01056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0622459
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01967886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02060596
IRS990/LandBldgEquipCostOrOtherBssAmt02683055
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0171832
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ILLINOIS EDUCATORS CREDIT UNION OPERATES TO ASSIST ITS MEMBERS BY PROVIDING LOANS, DEPOSIT ACCOUNTS AND OTHER FINANCIAL INSTITUTION SERVICES FOR THE BENEFIT OF THE ENTIRE MEMBERSHIP.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06664522
IRS990/NetAssetsOrFundBalancesEOYAmt07137572
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-171832
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-171832
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt0198980
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0207588
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01253428
IRS990/OtherAssetsTotalGrp/EOYAmt01329016
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056177
IRS990/OtherExpensesGrp/Desc0ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc1SHARE/LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSSES
IRS990/OtherExpensesGrp/Desc3DIVIDENDS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt07991
IRS990/OtherExpensesGrp/TotalAmt1470664
IRS990/OtherExpensesGrp/TotalAmt2126000
IRS990/OtherExpensesGrp/TotalAmt3242350
IRS990/OtherLiabilitiesGrp/BOYAmt053262656
IRS990/OtherLiabilitiesGrp/EOYAmt060938878
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0658011
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt047538920
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt052328239
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt074139
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt021762
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0251089
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0352963
IRS990/PrincipalOfficerNm0JODY DABROWSKI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/BusinessCd1522130
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND CHARGES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02372415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1999138
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0388080
IRS990/PYOtherExpensesAmt02178587
IRS990/PYProgramServiceRevenueAmt03471068
IRS990/PYRevenuesLessExpensesAmt0537479
IRS990/PYSalariesCompEmpBnftPaidAmt01143082
IRS990/PYTotalExpensesAmt03321669
IRS990/PYTotalRevenueAmt03859148
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0473050
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06664522
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07137572
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04262926
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05158756
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01473701
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0289469
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01763170
IRS990ScheduleD/EquipmentGrp/BookValueAmt0232895
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0332990
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0565885
IRS990ScheduleD/LandGrp/BookValueAmt0354000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0354000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060938878
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER'S SHARE ACCOUNTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02060596
IRS990ScheduleD/TotalLiabilityAmt060938878
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0187286
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06821
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JODY DABROWSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0194107
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS ELECTED FROM AND BY THE MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FROM TIME TO TIME, CERTAIN DECISIONS WILL BE PRESENTED TO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERSHIP FOR A VOTE, WHICH IS DETERMINED ON A CASE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COPIES OF THE FINAL FORM 990 AND SCHEDULES WERE MADE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE TO EACH BOARD MEMBER PRIOR TO BEING FILED WITH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE IRS. BOARD MEMBERS WERE ASKED TO REVIEW THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INDIVIDUALLY AND TO CONTACT THE RETURN PREPARER, OTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BOARD MEMBERS, OR EXECUTIVE OFFICERS WITH ANY QUESTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11OR CONCERNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE CREDIT UNION'S GOVERNING DOCUMENTS AND FINANCIAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Pt VI, Line 11b

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$70,012,794
Liabilities
$62,875,222
Net assets
$7,137,572
Revenue
$3,496,202
Expenses
$3,023,152
Net income
$473,050
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$120$107$12.6$7.33$6.56$0.78
2024Detailed filing. Detailed filing data is available for this year.$101$88.9$11.8$6.47$5.80$0.67
2023Detailed filing. Detailed filing data is available for this year.$102$91.0$11.1$5.72$4.90$0.82
2022Detailed filing. Detailed filing data is available for this year.$100$89.7$10.5$5.10$3.52$1.58
2021Detailed filing. Detailed filing data is available for this year.$80.0$72.2$7.82$3.59$2.90$0.68
2020Detailed filing. Detailed filing data is available for this year.$70.0$62.9$7.14$3.50$3.02$0.47
2019Detailed filing. Detailed filing data is available for this year.$65.3$58.6$6.66$3.86$3.32$0.54
2018Detailed filing. Detailed filing data is available for this year.$58.3$52.2$6.13$3.64$3.00$0.64
2017Detailed filing. Detailed filing data is available for this year.$56.9$51.4$5.49$3.40$2.99$0.42
2016Detailed filing. Detailed filing data is available for this year.$53.1$48.1$5.07$3.37$3.03$0.34
2015Detailed filing. Detailed filing data is available for this year.$51.8$47.1$4.74$3.31$3.26$0.05
2014Detailed filing. Detailed filing data is available for this year.$48.7$44.0$4.69$3.13$2.78$0.35
2013Detailed filing. Detailed filing data is available for this year.$47.1$42.7$4.35$2.84$2.65$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.6$41.6$3.98$2.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.3$40.7$3.58$2.81