Civic Intelligence

Processors-Industrial Community

EIN 37-0811309 • 501(c)14 • Granite City, IL

View Organization Page

Profile

To provide cooperative financial services for our members.

2400 Madison Avenue PO Box 1388Granite City, IL 62040

www.piccu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

12th percentile

0.15x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2020

Net Margin

11th percentile

-20%

Higher net margin than 11% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

97th percentile

14%

Faster asset growth than 97% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-14%

Faster revenue growth than 7% of similar nonprofits.

501(c)14 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$0

Down $13,320,729 (-100%) from 2020

Liabilities

Down

$0

Down $114,629 (-100%) from 2020

Net Assets

Down

$0

Down $13,206,100 (-100%) from 2020

Operations
Liabilities / Revenue12th percentileNet Margin11th percentile

Revenue

Down

$574,607

Down $192,317 (-25%) from 2020

Expenses

Down

$696,476

Down $222,146 (-24%) from 2020

Net Income

Up

-$121,869

Up $29,829 (+20%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $9,264,280Liabilities 2010: $87,070Net Assets 2010: $9,177,2102010Assets 2011: $9,214,153Liabilities 2011: $63,965Net Assets 2011: $9,150,1882011Assets 2012: $9,575,145Liabilities 2012: $119,170Net Assets 2012: $9,455,9752012Assets 2013: $9,518,833Liabilities 2013: $79,384Net Assets 2013: $9,439,4492013Assets 2014: $9,588,406Liabilities 2014: $71,255Net Assets 2014: $9,517,1512014Assets 2015: $10,282,590Liabilities 2015: $121,638Net Assets 2015: $10,160,9522015Assets 2016: $10,814,146Liabilities 2016: $117,142Net Assets 2016: $10,697,0042016Assets 2017: $11,549,193Liabilities 2017: $102,205Net Assets 2017: $11,446,9882017Assets 2018: $11,176,800Liabilities 2018: $111,166Net Assets 2018: $11,065,6342018Assets 2019: $11,733,540Liabilities 2019: $100,845Net Assets 2019: $11,632,6952019Assets 2020: $13,320,729Liabilities 2020: $114,629Net Assets 2020: $13,206,1002020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $769,3582010Expenses 2011: $723,8982011Expenses 2012: $687,2442012Revenue 2013: $749,029Expenses 2013: $717,021Net Income 2013: $32,0082013Revenue 2014: $720,650Expenses 2014: $741,296Net Income 2014: -$20,6462014Revenue 2015: $718,791Expenses 2015: $724,787Net Income 2015: -$5,9962015Revenue 2016: $726,857Expenses 2016: $732,057Net Income 2016: -$5,2002016Revenue 2017: $744,630Expenses 2017: $818,109Net Income 2017: -$73,4792017Revenue 2018: $893,675Expenses 2018: $843,355Net Income 2018: $50,3202018Revenue 2019: $894,196Expenses 2019: $941,258Net Income 2019: -$47,0622019Revenue 2020: $766,924Expenses 2020: $918,622Net Income 2020: -$151,6982020Revenue 2021: $574,607Expenses 2021: $696,476Net Income 2021: -$121,8692021

Highlighted filing

2021

Revenue$574,607
Expenses$696,476
Net Income-$121,869
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$574,607
Expenses
$696,476
Net income
-$121,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.57$0.70$0.12
2020Detailed filing. Detailed filing data is available for this year.$13.3$0.11$13.2$0.77$0.92$0.15
2019Detailed filing. Detailed filing data is available for this year.$11.7$0.10$11.6$0.89$0.94$0.05
2018Detailed filing. Detailed filing data is available for this year.$11.2$0.11$11.1$0.89$0.84$0.05
2017Detailed filing. Detailed filing data is available for this year.$11.5$0.10$11.4$0.74$0.82$0.07
2016Detailed filing. Detailed filing data is available for this year.$10.8$0.12$10.7$0.73$0.73$0.01
2015Detailed filing. Detailed filing data is available for this year.$10.3$0.12$10.2$0.72$0.72$0.01
2014Detailed filing. Detailed filing data is available for this year.$9.59$0.07$9.52$0.72$0.74$0.02
2013Detailed filing. Detailed filing data is available for this year.$9.52$0.08$9.44$0.75$0.72$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.58$0.12$9.46$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.21$0.06$9.15$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.26$0.09$9.18$0.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Oct 31, 2021
Signed
Feb 23, 2022
Return Version
2021v4.1
Gross Receipts
$574,607
Mission and Program Overview

Mission

To provide cooperative financial services for our members.

To provide cooperative financial services to the following groups, those who live or work in granite city, pontoon beach, mitchell, madison and venice as well as the rest of st. Clair county, madison county, and jersey county. Processors-industrial community credit union also offers membership to employees of american steel, bulk service, gateway city township, gateway regional medical center, granite city library, kraft general foods, mayco, metalico, midcoast terminal, reilly industries, inc. And village of glen carbon. Membership is also offered to immediate family, household and relatives of members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$12,404,249$0▼ $12,404,249
Investments in Publicly Traded Securities$5,846,000$0▼ $5,846,000
Other Notes and Loans Receivable, Net$4,157,905$0▼ $4,157,905
Savings and Temporary Cash Investments$1,948,718$0▼ $1,948,718
Pd in Cap Srpls Land Bldg Eqp Fund$608,748$0▼ $608,748
Cash and Non-Interest-Bearing Accounts$518,894$0▼ $518,894
Investments Other Securities$470,005$0▼ $470,005
Land, Buildings, and Equipment, Net$196,956$0▼ $196,956
Rtn Earn Endowment Incm Other Fnds$193,103$0▼ $193,103
Prepaid Expenses and Deferred Charges$31,228$0▼ $31,228
Accounts Receivable$3,335$0▼ $3,335
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$13,320,729$0▼ $13,320,729
Other Assets Total$147,688$0▼ $147,688
Liabilities
Accounts Payable and Accrued Expenses$93,908--
Other Liabilities$20,721$0▼ $20,721
Total Liabilities$114,629$0▼ $114,629
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,206,100$0▼ $13,206,100
Total Liabilities and Net Assets / Fund Balance$13,320,729$0▼ $13,320,729
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Steve SelbyPresident/CEO/treasurerPT$34,642$34,642

Board Members and Trustees

NameTitle
William DusenberyBoard Chair
Emmitt GlasperSupervisory Chair / Director
Jim SnelsonVice Chair
Frank KomoromiDirector
Jaye WoolforkDirector
Harvey Mcdonald JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$457,071
Investment Income
$26,463
Other Revenue
$91,073
Change in Net Assets
$-121,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$488,151
Salaries, Compensation, and Employee Benefits$208,325
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$243,694
Other Salaries and Wages---$136,591
Office Expenses---$77,323
Occupancy---$46,791
Other Employee Benefits---$37,092
Current Officers, Directors, Trustees, and Key Employees---$34,642
Depreciation Depletion---$27,474
Other Expenses---$4,648
Travel---$1,099
Interest---$1
Total Functional Expenses$0$0$0$696,476
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“This entity is a credit union; therefore, all individuals who maintain an account with the credit union are required to become members.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 was provided to the processors-industrial community credit union's president & treasurer for a review, approval and signature prior to filing with the internal revenue service. A complete copy is also provided to the entire board prior to filing.”

Form 990, Part VI, Section B, Line 15

“Persons independent of the organization's president/key employee have determined the compensation for this position based on comparability data and other factors and is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The processors-industrial community credit union makes its governing documents and financial statements available for public inspection upon the request of an individual.”

Filing and Contact Details

Filer

Filer Name
Processors-industrial Community
EIN
37-0811309
Phone
6184522752
Address
2400 MADISON AVENUE PO BOX 1388, GRANITE CITY, IL 62040

Signing Officer

Name
Steve Selby
Title
President/CEO
Phone
6184522752
Signed
2022-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Selby
Formed
1962
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
6
Employees
8
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
475 REGENCY PARK SUITE 175, OFALLON, IL 62269
Preparer
Jeff Parker
Phone
6182331200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional & outside services 212,247. Operating fees (examination/supervision) 5,534. Loan servicing 25,913.”

FORM 990, PART XI, LINE 9:

“Transfer of equity due to merger with midwest members credit union -13,084,231.”

FORM 990, PART XII, LINE 2C:

“The audit process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 436 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/BOYAmt093908
IRS990/AccountsReceivableGrp/BOYAmt03335
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE COOPERATIVE FINANCIAL SERVICES TO THE FOLLOWING GROUPS, THOSE WHO LIVE OR WORK IN GRANITE CITY, PONTOON BEACH, MITCHELL, MADISON AND VENICE AS WELL AS THE REST OF ST. CLAIR COUNTY, MADISON COUNTY, AND JERSEY COUNTY. PROCESSORS-INDUSTRIAL COMMUNITY CREDIT UNION ALSO OFFERS MEMBERSHIP TO EMPLOYEES OF AMERICAN STEEL, BULK SERVICE, GATEWAY CITY TOWNSHIP, GATEWAY REGIONAL MEDICAL CENTER, GRANITE CITY LIBRARY, KRAFT GENERAL FOODS, MAYCO, METALICO, MIDCOAST TERMINAL, REILLY INDUSTRIES, INC. AND VILLAGE OF GLEN CARBON. MEMBERSHIP IS ALSO OFFERED TO IMMEDIATE FAMILY, HOUSEHOLD AND RELATIVES OF MEMBERS.
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEVE SELBY
IRS990/BooksInCareOfDetail/PhoneNum06184522752
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IRS990/BooksInCareOfDetail/USAddress/CityNm0GRANITE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd062040
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt027474
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IRS990/DescribedInSection501c3Ind00
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IRS990/EmployeeCnt08
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
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IRS990/Form990PartVIISectionAGrp/PersonNm2HARVEY MCDONALD JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3SUPERVISORY CHAIR / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213628
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt013628
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt095897
IRS990/PYOtherExpensesAmt0659504
IRS990/PYOtherRevenueAmt031178
IRS990/PYProgramServiceRevenueAmt0639849
IRS990/PYRevenuesLessExpensesAmt0-151698
IRS990/PYSalariesCompEmpBnftPaidAmt0259118
IRS990/PYTotalExpensesAmt0918622
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0766924
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-121869
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0193103
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01948718
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0MEMBER LOANS RECEIVABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1PROPERTY PLANT AND EQUIPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3PUBLICLY TRADED INVESTMENTS AND LONGER-TERM CASH HOLDINGS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4OTHER RECEIVABLES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc5OTHER ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc6PREPAID EXPENSES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt4MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt5MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt6MIDWEST MEMBERS CREDIT UNION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt42021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt52021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt62021-10-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN4370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN5370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN6370661473
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt03319641
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1169482
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt2558936
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt39698397
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt43049
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt5151775
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt614438
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt4501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt5501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt6501(C)(14)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt4BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt5BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt6BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt4101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt5101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt6101 WESLEY DR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm5WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm6WOOD RIVER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd5IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd6IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd062095
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd162095
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd262095
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd362095
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd462095
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd562095
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd662095
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: STEVE SELBY
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: INTERNAL AUDITOR
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ENTITY IS A CREDIT UNION; THEREFORE, ALL INDIVIDUALS WHO MAINTAIN AN ACCOUNT WITH THE CREDIT UNION ARE REQUIRED TO BECOME MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE PROCESSORS-INDUSTRIAL COMMUNITY CREDIT UNION'S PRESIDENT & TREASURER FOR A REVIEW, APPROVAL AND SIGNATURE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. A COMPLETE COPY IS ALSO PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERSONS INDEPENDENT OF THE ORGANIZATION'S PRESIDENT/KEY EMPLOYEE HAVE DETERMINED THE COMPENSATION FOR THIS POSITION BASED ON COMPARABILITY DATA AND OTHER FACTORS AND IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESSORS-INDUSTRIAL COMMUNITY CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON THE REQUEST OF AN INDIVIDUAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL & OUTSIDE SERVICES 212,247. OPERATING FEES (EXAMINATION/SUPERVISION) 5,534. LOAN SERVICING 25,913.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER OF EQUITY DUE TO MERGER WITH MIDWEST MEMBERS CREDIT UNION -13,084,231.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt013320729
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt013320729
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt0696476
IRS990/TotalGrossUBIAmt013628
IRS990/TotalLiabilitiesBOYAmt0114629
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0114629
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013206100
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0457071
IRS990/TotalReportableCompFromOrgAmt034642
IRS990/TotalRevenueGrp/ExclusionAmt026463
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0534516
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0574607
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt013628
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013320729
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01099
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02400 MADISON AVENUE PO BOX 1388
IRS990/USAddress/CityNm0GRANITE CITY
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd062040
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06

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