Civic Intelligence

Danville Bell Credit Union

EIN 37-6036841 • 501(c)14 • Danville, IL

Profile

Danville bell credit union is a

3591 N VermilionDanville, IL 61832

www.danbellcu.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

95th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)14 • <$500k nonprofits • Source year 2017

Net Margin

7th percentile

-1152%

Higher net margin than 7% of similar nonprofits.

501(c)14 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

95th percentile

-100%

Faster asset growth than 95% of similar nonprofits.

501(c)14 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-92%

Faster revenue growth than 11% of similar nonprofits.

501(c)14 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $14,320,786 (-100%) from 2016

Liabilities

Down

$0

Down $12,771,347 (-100%) from 2016

Net Assets

Down

$0

Down $1,549,439 (-100%) from 2016

Revenue

Down

$67,206

Down $740,969 (-92%) from 2016

Expenses

Down

$841,639

Down $59,880 (-6.6%) from 2016

Net Income

Down

-$774,433

Down $681,089 (-730%) from 2016

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $11,699,280Liabilities 2010: $9,933,818Net Assets 2010: $1,765,4622010Assets 2011: $11,858,925Liabilities 2011: $10,105,132Net Assets 2011: $1,753,7932011Assets 2012: $11,891,221Liabilities 2012: $10,148,472Net Assets 2012: $1,742,7492012Assets 2013: $11,764,691Liabilities 2013: $10,137,692Net Assets 2013: $1,626,9992013Assets 2014: $12,048,046Liabilities 2014: $10,431,521Net Assets 2014: $1,616,5252014Assets 2015: $13,276,506Liabilities 2015: $11,633,723Net Assets 2015: $1,642,7832015Assets 2016: $14,320,786Liabilities 2016: $12,771,347Net Assets 2016: $1,549,4392016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $441,5772010Revenue 2011: $400,777Expenses 2011: $412,446Net Income 2011: -$11,6692011Expenses 2012: $382,6672012Revenue 2013: $383,209Expenses 2013: $498,959Net Income 2013: -$115,7502013Revenue 2014: $473,537Expenses 2014: $484,011Net Income 2014: -$10,4742014Revenue 2015: $694,320Expenses 2015: $672,674Net Income 2015: $21,6462015Revenue 2016: $808,175Expenses 2016: $901,519Net Income 2016: -$93,3442016Revenue 2017: $67,206Expenses 2017: $841,639Net Income 2017: -$774,4332017

Highlighted filing

2017

Revenue$67,206
Expenses$841,639
Net Income-$774,433

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 8, 2018
Return Version
2017v2.2
Gross Receipts
$67,206
Mission and Program Overview

Mission

Danville bell credit union is a

Danville bell credit union is a dedicated and responsible financial cooperative striving to meet our members changing financial needs while adhering to the credit union philosophy

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$8,560,254--
Investments in Publicly Traded Securities$2,340,833--
Savings and Temporary Cash Investments$2,080,803--
Rtn Earn Endowment Incm Other Fnds$1,549,439--
Land, Buildings, and Equipment, Net$693,077--
Cash and Non-Interest-Bearing Accounts$465,871--
Prepaid Expenses and Deferred Charges$40,730--
Total Assets$14,320,786$0▼ $14,320,786
Other Assets Total$139,218--
Liabilities
Other Liabilities$12,748,443--
Accounts Payable and Accrued Expenses$22,904--
Total Liabilities$12,771,347$0▼ $12,771,347
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,549,439$0▼ $1,549,439
Total Liabilities and Net Assets / Fund Balance$14,320,786$0▼ $14,320,786
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Timothy GeorgeManagerFT$6,077$6,077

Board Members and Trustees

NameTitle
Charles Mockbee IvChairperson
Schuyler MichenfelderVice Chair
Aadam AlikhanDirector
Mark Ames IiiDirector
Ralph DunhamDirector
Steve AutorDirector
Marla LaneSecretary
Eric PlotnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$61,222
Investment Income
$5,984
Other Revenue
$0
Change in Net Assets
$-774,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$814,004
Salaries, Compensation, and Employee Benefits$27,635
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology---$322,913
Office Expenses---$192,612
Other Expenses---$86,112
Other Salaries and Wages---$17,831
Depreciation Depletion---$10,199
Current Officers, Directors, Trustees, and Key Employees---$6,077
Payroll Taxes---$2,780
Occupancy---$2,293
Insurance---$2,071
All Other Expenses---$1,467
Advertising---$1,338
Other Employee Benefits---$947
Conferences and Meetings---$-1,158
Fees for Services Accounting---$-4,020
Total Functional Expenses$0$0$0$841,639
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Danville Bell Credit Union
EIN
37-6036841
Phone
2174426111
Address
3591 N VERMILION, DANVILLE, IL 61832

Signing Officer

Name
Timothy George
Title
President
Phone
2174426111
Signed
2018-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim George
Formed
1948
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
8

Preparer

Firm
Lmhn Ltd
Address
900 N Webster St PO Box 87, Taylorville, IL 62568
Preparer
Iris Noblet Crites
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 annually.

Pt VI, Line 7B

From time to time, certain decisions will be presented to the membership for a vote, which are then determined on a case by case basis.

Pt VI, Line 11B

Copies of the final form 990 and schedules were supplied to the credit union manager prior to being filed with the irs. The manager was asked to review the return and to contact the return preparer with any questions or concerns.

Pt III, Line 3

Merged with credit union 1 effective 2/1/17

Pt XI

Effective per merger on 2/1/17, net assets merged with credit union 1 (-775,006)

Raw XML Appendix329 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FROM TIME TO TIME, CERTAIN DECISIONS WILL BE PRESENTED TO THE MEMBERSHIP FOR A VOTE, WHICH ARE THEN DETERMINED ON A CASE BY CASE BASIS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MERGED WITH CREDIT UNION 1 EFFECTIVE 2/1/17
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY GEORGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02174426111
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DANVILLE BELL CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0DANV
ReturnHeader/Filer/EIN0376036841
ReturnHeader/Filer/PhoneNum02174426111
ReturnHeader/Filer/USAddress/AddressLine1Txt03591 N VERMILION
ReturnHeader/Filer/USAddress/CityNm0DANVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061832
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BFF6A8E874D831DD507E05A2361C9A389F67DF91
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09BC8A9ED3246B4657A50282BDD4082D9D5CEA101
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.9.116.36
ReturnHeader/FilingSecurityInformation/IPDt02018-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:04:54
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LMHN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 N Webster St PO Box 87
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Taylorville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062568
ReturnHeader/PreparerPersonGrp/PhoneNum02178249661
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRIS NOBLET CRITES
ReturnHeader/ReturnTs02018-05-10T14:06:43-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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