Civic Intelligence

Area Educational Credit Union

EIN 37-0902576 • 501(c)14 • Mattoon, IL

Profile

To assist our members in the management of their financial well-being by providing loans, saving accounts and other financial institution services in a friendly and professional manner.

812 Charleston AveMattoon, IL 61938

www.aecu.coop

Siviq Scores

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

Liabilities / Assets

12th percentile

0.79x

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

501(c)14 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

16.96x

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

501(c)14 • $25M-$50M nonprofits • Source year 2024

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$150,080

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

501(c)14 • $25M-$50M nonprofits • Source year 2024

Asset Growth

50th percentile

0.8%

Faster asset growth than 50% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

23%

Faster revenue growth than 88% of similar nonprofits.

501(c)14 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$30,694,267

Up $353,199 (+1.2%) from 2021

Liabilities

Up

$24,742,270

Up $216,589 (+0.9%) from 2021

Net Assets

Up

$5,951,997

Up $136,610 (+2.3%) from 2021

Operations
Liabilities / Revenue58th percentileNet Margin65th percentile

Revenue

Up

$826,149

Up $238,005 (+40%) from 2021

Expenses

Up

$689,539

Up $135,419 (+24%) from 2021

Net Income

Up

$136,610

Up $102,586 (+302%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$40M$30M$20M$10M$0Assets 2010: $22,496,866Liabilities 2010: $17,511,086Net Assets 2010: $4,985,7802010Assets 2011: $23,390,292Liabilities 2011: $18,356,506Net Assets 2011: $5,033,7862011Assets 2012: $23,551,835Liabilities 2012: $18,469,922Net Assets 2012: $5,081,9132012Assets 2014: $24,087,206Liabilities 2014: $18,908,982Net Assets 2014: $5,178,2242014Assets 2015: $24,122,360Liabilities 2015: $18,834,095Net Assets 2015: $5,288,2652015Assets 2017: $24,798,202Liabilities 2017: $19,312,837Net Assets 2017: $5,485,3652017Assets 2018: $25,082,585Liabilities 2018: $19,508,823Net Assets 2018: $5,573,7622018Assets 2019: $25,032,872Liabilities 2019: $19,310,503Net Assets 2019: $5,722,3692019Assets 2021: $30,341,068Liabilities 2021: $24,525,681Net Assets 2021: $5,815,3872021Assets 2022: $30,694,267Liabilities 2022: $24,742,270Net Assets 2022: $5,951,9972022

Highlighted filing

2022

Assets$30,694,267
Liabilities$24,742,270
Net Assets$5,951,997
Open 2022 Filing

Operations Trend

Revenue Growth88th percentile

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

$1.0M$500K$0Expenses 2010: $548,6262010Expenses 2011: $475,8872011Expenses 2012: $436,3812012Revenue 2014: $452,992Expenses 2014: $404,082Net Income 2014: $48,9102014Revenue 2015: $496,829Expenses 2015: $386,788Net Income 2015: $110,0412015Revenue 2017: $540,152Expenses 2017: $441,259Net Income 2017: $98,8932017Revenue 2018: $655,418Expenses 2018: $567,021Net Income 2018: $88,3972018Revenue 2019: $776,092Expenses 2019: $627,485Net Income 2019: $148,6072019Revenue 2021: $588,144Expenses 2021: $554,120Net Income 2021: $34,0242021Revenue 2022: $826,149Expenses 2022: $689,539Net Income 2022: $136,6102022

Highlighted filing

2022

Revenue$826,149
Expenses$689,539
Net Income$136,610
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$30,694,267
Liabilities
$24,742,270
Net assets
$5,951,997
Revenue
$826,149
Expenses
$689,539
Net income
$136,610
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.7$24.7$5.95$0.83$0.69$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.3$24.5$5.82$0.59$0.55$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$19.3$5.72$0.78$0.63$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.1$19.5$5.57$0.66$0.57$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$19.3$5.49$0.54$0.44$0.10
2015Detailed filing. Detailed filing data is available for this year.$24.1$18.8$5.29$0.50$0.39$0.11
2014Detailed filing. Detailed filing data is available for this year.$24.1$18.9$5.18$0.45$0.40$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$18.5$5.08$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$18.4$5.03$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$17.5$4.99$0.55
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$496,829
Mission and Program Overview

Mission

To assist our members in the management of their financial well-being by providing loans, saving accounts and other financial institution services in a friendly and professional manner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$17,757,831$17,794,031▲ $36,200
Other Notes and Loans Receivable, Net$6,058,449$6,136,943▲ $78,494
Rtn Earn Endowment Incm Other Fnds$5,178,224$5,288,265▲ $110,041
Cash and Non-Interest-Bearing Accounts$210,668$136,888▼ $73,780
Land, Buildings, and Equipment, Net$38,078$34,339▼ $3,739
Prepaid Expenses and Deferred Charges$22,180$20,159▼ $2,021
Total Assets$24,087,206$24,122,360▲ $35,154
Liabilities
Other Liabilities$18,892,486$18,828,734▼ $63,752
Accounts Payable and Accrued Expenses$16,496$5,361▼ $11,135
Total Liabilities$18,908,982$18,834,095▼ $74,887
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,178,224$5,288,265▲ $110,041
Total Liabilities and Net Assets / Fund Balance$24,087,206$24,122,360▲ $35,154

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$34,339$95,290$129,629
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerry FearnPresidentFT$90,820$15,936$106,756

Board Members and Trustees

NameTitle
Mr Brad OsborneDirector
Mr Henry BoughDirector
Mr J Michael CoffmanDirector
Mr John M SwickDirector
Mr Richard MercerDirector
Mr W Max JaegerDirector
Mrs Brenda JonesDirector
Mrs Marilyn Kaye HonnDirector
Mrs Paula KearneyDirector
Mrs Sue McdowellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$341,528
Investment Income
$155,301
Other Revenue
$0
Change in Net Assets
$110,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$212,310
Other Expenses$174,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$106,756
Other Salaries and Wages---$84,597
Information Technology---$39,452
Office Expenses---$26,762
Payroll Taxes---$14,593
Occupancy---$13,737
Insurance---$12,644
Fees for Services Accounting---$9,200
Pension Plan Contributions---$5,811
Advertising---$5,620
Conferences and Meetings---$5,145
Fees for Services Legal---$4,052
Depreciation Depletion---$3,739
Travel---$1,500
Other Employee Benefits---$553
Other Expenses---$-8,200
Total Functional Expenses$0$0$0$386,788
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
Savings of Members$18,828,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 6

“The area educational credit union is organized with members.”

Form 990, Page 6, Part VI, Line 7A

“The area educational credit union has members who may elect members of the governing body.”

Form 990, Page 6, Part VI, Line 11B

“Copy of 990 is provided to the board of directors for comment prior to filing the 990.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Area Educational Credit Union
EIN
37-0902576
Phone
2172347817
Address
812 CHARLESTON AVE, MATTOON, IL 61938

Signing Officer

Name
Kerry Fearn
Title
President
Phone
2172347817
Signed
2016-05-10

Organization Details

Principal Officer
Kerry Fearn
Formed
1960
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
7
Volunteers
11
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Provided ira services to 96 members see descriptions above”

Raw XML Appendix337 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016496
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05361
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ASSIST OUR MEMBERS IN THE MANAGEMENT OF THEIR FINANCIAL WELL-BEING BY PROVIDING LOANS, SAVING ACCOUNTS AND OTHER FINANCIAL INSTITUTION SERVICES IN A FRIENDLY AND PROFESSIONAL MANNER.
IRS990/AdvertisingGrp/TotalAmt05620
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KERRY FEARN
IRS990/BooksInCareOfDetail/PhoneNum02172347817
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0812 CHARLESTON AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MATTOON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061938
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0210668
IRS990/CashNonInterestBearingGrp/EOYAmt0136888
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0106756
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt05145
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0155301
IRS990/CYOtherExpensesAmt0174478
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0341528
IRS990/CYRevenuesLessExpensesAmt0110041
IRS990/CYSalariesCompEmpBnftPaidAmt0212310
IRS990/CYTotalExpensesAmt0386788
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0496829
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt03739
IRS990/Desc0PROVIDED CONSUMER LOANS TO 524 MEMBERS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt09200
IRS990/FeesForServicesLegalGrp/TotalAmt04052
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt015936
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0KERRY FEARN
IRS990/Form990PartVIISectionAGrp/PersonNm1MR JOHN M SWICK
IRS990/Form990PartVIISectionAGrp/PersonNm2MR W MAX JAEGER
IRS990/Form990PartVIISectionAGrp/PersonNm3MR J MICHAEL COFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4MRS MARILYN KAYE HONN
IRS990/Form990PartVIISectionAGrp/PersonNm5MR HENRY BOUGH
IRS990/Form990PartVIISectionAGrp/PersonNm6MRS PAULA KEARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm7MRS BRENDA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm8MR RICHARD MERCER
IRS990/Form990PartVIISectionAGrp/PersonNm9MRS SUE MCDOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm10MR BRAD OSBORNE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01960
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/TotalAmt012644
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt0653
IRS990/IRPDocumentW2GCnt00
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IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ASSIST OUR MEMBERS IN THE MANAGEMENT OF THEIR FINANCIAL WELL-BEING BY PROVIDING LOANS, SAVING ACCOUNTS AND OTHER FINANCIAL INSTITUTION SERVICES IN A FRIENDLY AND PROFESSIONAL MANNER.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/OtherExpensesGrp/Desc0DIVIDENDS
IRS990/OtherExpensesGrp/Desc1ASSOCIATION DUES
IRS990/OtherExpensesGrp/Desc2SUPERVISION
IRS990/OtherExpensesGrp/Desc3PROVISION FOR LOAN LOSS
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IRS990/OtherExpensesGrp/TotalAmt110289
IRS990/OtherExpensesGrp/TotalAmt29765
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06058449
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IRS990/PartialLiquidationInd0false
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IRS990/PensionPlanContributionsGrp/TotalAmt05811
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1GAP INSURANCE
IRS990/ProgramServiceRevenueGrp/Desc2GROUP INSURANCE
IRS990/ProgramServiceRevenueGrp/Desc3LATE FEES
IRS990/ProgramServiceRevenueGrp/Desc4PREPAID VISA CARDS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt430
IRS990/ProgSrvcAccomActy2Grp/Desc0RECEIVED DEPOSITS FROM 2765 MEMBERS
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED CREDIT CARDS TO 143 MEMBERS
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDED IRA SERVICES TO 96 MEMBERS SEE DESCRIPTIONS ABOVE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0108634
IRS990/PYOtherExpensesAmt0196173
IRS990/PYProgramServiceRevenueAmt0344358
IRS990/PYRevenuesLessExpensesAmt048910
IRS990/PYSalariesCompEmpBnftPaidAmt0207909
IRS990/PYTotalExpensesAmt0404082
IRS990/PYTotalRevenueAmt0452992
IRS990/ReconcilationRevenueExpnssAmt0110041
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05178224
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05288265
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017757831
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017794031
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034339
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt095290
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0129629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018828734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SAVINGS OF MEMBERS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034339
IRS990ScheduleD/TotalLiabilityAmt018828734
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED IRA SERVICES TO 96 MEMBERS SEE DESCRIPTIONS ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AREA EDUCATIONAL CREDIT UNION IS ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AREA EDUCATIONAL CREDIT UNION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPY OF 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR COMMENT PRIOR TO FILING THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt024087206
IRS990/TotalAssetsEOYAmt024122360
IRS990/TotalAssetsGrp/BOYAmt024087206
IRS990/TotalAssetsGrp/EOYAmt024122360
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0386788
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018908982
IRS990/TotalLiabilitiesEOYAmt018834095
IRS990/TotalLiabilitiesGrp/BOYAmt018908982
IRS990/TotalLiabilitiesGrp/EOYAmt018834095
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05178224
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05288265
IRS990/TotalOtherCompensationAmt015936
IRS990/TotalProgramServiceRevenueAmt0341528
IRS990/TotalReportableCompFromOrgAmt090820
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0496829
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0496829
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024087206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024122360
IRS990/TravelGrp/TotalAmt01500
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0812 CHARLESTON AVE
IRS990/USAddress/CityNm0MATTOON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061938
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.AECU.COOP
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KERRY FEARN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02172347817
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AREA EDUCATIONAL CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0AREA
ReturnHeader/Filer/EIN0370902576
ReturnHeader/Filer/PhoneNum02172347817
ReturnHeader/Filer/USAddress/AddressLine1Txt0812 CHARLESTON AVE
ReturnHeader/Filer/USAddress/CityNm0MATTOON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061938
ReturnHeader/ReturnTs02016-05-13T12:42:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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