Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.78x
Liabilities / Revenue
42nd percentile
Higher debt load relative to revenue than 42% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Down$6,742,320
Down $113,585 (-1.7%) from 2017
Net Assets
Up$1,451,787
Up $4,528 (+0.3%) from 2017
Liabilities
Down$5,290,533
Down $118,113 (-2.2%) from 2017
Revenue And Expenses
Revenue
Up$327,508
Up $25,774 (+8.5%) from 2017
Expenses
Up$322,980
Up $33,698 (+12%) from 2017
Net Income
Down$4,528
Down $7,924 (-64%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- May 9, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $327,508
Mission and Program Overview
Mission
Credit unions create a source of credit at a fair and reasonable rate of interest, encourage habits of thrift among their members, and provide an opportunity for their members to use and control their own money on a democratic basis in order to improve their economic and social condition.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $3,686,102 | $3,653,080 | ▼ $33,022 |
| Other Notes and Loans Receivable, Net | $2,420,424 | $2,386,292 | ▼ $34,132 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $1,028,660 | $1,028,661 | ▲ $1 |
| Cash and Non-Interest-Bearing Accounts | $704,458 | $659,036 | ▼ $45,422 |
| Rtn Earn Endowment Incm Other Fnds | $418,599 | $423,126 | ▲ $4,527 |
| Land, Buildings, and Equipment, Net | $44,921 | $43,912 | ▼ $1,009 |
| Total Assets | $6,855,905 | $6,742,320 | ▼ $113,585 |
| Liabilities | |||
| Other Liabilities | $5,406,087 | $5,287,914 | ▼ $118,173 |
| Accounts Payable and Accrued Expenses | $2,559 | $2,619 | ▲ $60 |
| Total Liabilities | $5,408,646 | $5,290,533 | ▼ $118,113 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,447,259 | $1,451,787 | ▲ $4,528 |
| Total Liabilities and Net Assets / Fund Balance | $6,855,905 | $6,742,320 | ▼ $113,585 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $16,164 | $67,188 | $83,352 |
| Equipment | $7,497 | $75,159 | $82,656 |
| Land | $20,251 | - | $20,251 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| John Hildebrand | Audit Chairm |
| Morgan Kuper | Chairman |
| Dennis Deitz | President Au |
| Scott Abels | Vice Chairpe |
| Allen Niedert | Audit Commit |
| Shinita Crawley | Audit Commit |
| Wayne Purk | Audit Commit |
| Mahlon Smith | Committee Ch |
| Nedra Sue Albright | Credit Commi |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $221,537
- Investment Income
- $77,187
- Other Revenue
- $28,784
- Change in Net Assets
- $4,528
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $171,847 |
| Salaries, Compensation, and Employee Benefits | $151,133 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $117,212 | - | - | $117,212 |
| Interest | $51,447 | - | - | $51,447 |
| Office Expenses | $39,443 | - | - | $39,443 |
| Fees for Services Other | $29,619 | - | - | $29,619 |
| Fees for Services Accounting | $26,627 | - | - | $26,627 |
| Other Employee Benefits | $20,425 | - | - | $20,425 |
| Occupancy | $11,502 | - | - | $11,502 |
| Payroll Taxes | $9,496 | - | - | $9,496 |
| Fees for Services Management | $5,147 | - | - | $5,147 |
| Pension Plan Contributions | $4,000 | - | - | $4,000 |
| Other Expenses | $3,264 | - | - | $3,264 |
| Conferences and Meetings | $2,847 | - | - | $2,847 |
| Depreciation Depletion | $1,010 | - | - | $1,010 |
| Advertising | $941 | - | - | $941 |
| Total Functional Expenses | $322,980 | $0 | $0 | $322,980 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Cd Balances | $2,752,800 |
| Share Draft Balances | $2,461,605 |
| Retirement Funds Payable | $64,739 |
| Other Accrued Expenses | $4,950 |
| Dividends Payable | $1,623 |
| Taxes Payable | $1,250 |
| Insurance Payable | $947 |
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 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, Page 6, Part VI, Line 6
“Organized with members of stockholders”
Form 990, Page 6, Part VI, Line 7A
“At each annual meeting, members have one vote. At each annual meeting, one member shall be elected to fill each board of director position vacated by reason of an expiring term or other cause.”
Form 990, Page 6, Part VI, Line 7B
“The majority of members present at any meeting may vote to modify, amend or reverse any act of the board of directors or instruct the boaard to take action not inconsistent with the articles, bylaws, or the iowa code. In order to be binding upon the board of directors, any action requires an affirmative vote of a majority of eligible members.”
Form 990, Page 6, Part VI, Line 10B
“NO”
Form 990, Page 6, Part VI, Line 11B
“The form 990 is reviewed by board members following completion.”
Form 990, Page 6, Part VI, Line 12C
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Financial statements are also posted in the main office of the credit union.”
Form 990, Page 6, Part VI, Line 15A
“Board approves compensation”
Form 990, Page 6, Part VI, Line 15B
“Board approves compensation”
Form 990, Page 6, Part VI, Line 19
“At the board meeting following the completed return date.”
Filing and Contact Details
Filer
- Filer Name
- Chicago Central Commerce
- EIN
- 42-0326940
- Address
- 1005 E 4TH ST, WATERLOO, IA 50703-3932
Signing Officer
- Name
- Marilyn K Hileman
- Title
- Manager/CEO
- Signed
- 2019-05-09
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Marilyn K Hileman
- Formed
- 1934
- Legal Domicile
- Ia
- Voting Board Members
- 9
- Independent Board Members
- 9
- Employees
- 8
Preparer
- Firm
- Cory Warmuth CPA Pc
- Address
- 1315 KNOLL AVENUE, WATERLOO, IA 50701
- Preparer
- Cory Warmuth CPA
- Phone
- 3192346559
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Credit unions create a source of credit at a fair and reasonable rate of interest, encourage habits of thrift among their members, and provide an opportunity for their members to use and control their own money on a democratic basis in order to improve their economic and social condition.”
Form 990, Page 2, Part III, Line 4D
“Credit unions create a source of credit at a fair and reasonable rate of interest, encourage habits of thrift among their members, and provide an opportunity for their members to use and control their own money on a democratic basis in order to improve their economic and social condition.”
Raw XML Appendix377 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/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2619 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | CREDIT UNIONS CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG THEIR MEMBERS, AND PROVIDE AN OPPORTUNITY FOR THEIR MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 941 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
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| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt | 0 | CREDIT UNION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3192320808 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1005 E 4TH ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WATERLOO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 50703 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 659036 |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2847 |
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| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYTotalExpensesAmt | 0 | 322980 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 327508 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1010 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1010 |
| IRS990/Desc | 0 | CREDIT UNIONS CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG THEIR MEMBERS, AND PROVIDE AN OPPORTUNITY FOR THEIR MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 26627 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26627 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 5147 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 5147 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 29619 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 29619 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DENNIS DEITZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | WAYNE PURK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MAHLON SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ALLEN NIEDERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MORGAN KUPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOHN HILDEBRAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | NEDRA SUE ALBRIGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SCOTT ABELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SHINITA CRAWLEY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | AUDIT COMMIT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | COMMITTEE CH |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | AUDIT COMMIT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | AUDIT CHAIRM |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CREDIT COMMI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE CHAIRPE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | AUDIT COMMIT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1934 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 327508 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 51447 |
| IRS990/InterestGrp/TotalAmt | 0 | 51447 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 77187 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 77187 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 3686102 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 3653080 |
| IRS990/IRPDocumentCnt | 0 | 183 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 142347 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 44921 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 43912 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 186259 |
| IRS990/LegalDomicileStateCd | 0 | IA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 2938 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 2938 |
| IRS990/MissionDesc | 0 | CREDIT UNIONS CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG THEIR MEMBERS, AND PROVIDE AN OPPORTUNITY FOR THEIR MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1447259 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1451787 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 11502 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 39443 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 20425 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 20425 |
| IRS990/OtherExpensesGrp/Desc | 0 | EXAM FEES |
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| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3264 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 5287914 |
| IRS990/OtherOrganizationDsc | 0 | CREDIT UNION |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 524298 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | FEES & CHARGES |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | AD & D INCOME |
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| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 8813 |
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| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 8813 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 2252 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 2252 |
| IRS990/OtherRevenueTotalAmt | 0 | 28784 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 117212 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 117212 |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2386292 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 9496 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9496 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 1028660 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 1028661 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 4000 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 4000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | MARILYN K HILEMAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST INCOME LOANS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 221537 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 221537 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | CREDIT UNIONS CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG THEIR MEMBERS, AND PROVIDE AN OPPORTUNITY FOR THEIR MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 322980 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 57553 |
| IRS990/PYOtherExpensesAmt | 0 | 146575 |
| IRS990/PYOtherRevenueAmt | 0 | 25895 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 218286 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 12452 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 142707 |
| IRS990/PYTotalExpensesAmt | 0 | 289282 |
| IRS990/PYTotalRevenueAmt | 0 | 301734 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4528 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 418599 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 423126 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 16164 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 67188 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 83352 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 7497 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 75159 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 82656 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 20251 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 20251 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2752800 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2461605 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 64739 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 4950 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 1623 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 5 | 1250 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 6 | 947 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CD BALANCES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | SHARE DRAFT BALANCES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | RETIREMENT FUNDS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | OTHER ACCRUED EXPENSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | DIVIDENDS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | TAXES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 6 | INSURANCE PAYABLE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 43912 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 5287914 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CREDIT UNIONS CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG THEIR MEMBERS, AND PROVIDE AN OPPORTUNITY FOR THEIR MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CREDIT UNIONS CREATE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, ENCOURAGE HABITS OF THRIFT AMONG THEIR MEMBERS, AND PROVIDE AN OPPORTUNITY FOR THEIR MEMBERS TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ORGANIZED WITH MEMBERS OF STOCKHOLDERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AT EACH ANNUAL MEETING, MEMBERS HAVE ONE VOTE. AT EACH ANNUAL MEETING, ONE MEMBER SHALL BE ELECTED TO FILL EACH BOARD OF DIRECTOR POSITION VACATED BY REASON OF AN EXPIRING TERM OR OTHER CAUSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MAJORITY OF MEMBERS PRESENT AT ANY MEETING MAY VOTE TO MODIFY, AMEND OR REVERSE ANY ACT OF THE BOARD OF DIRECTORS OR INSTRUCT THE BOAARD TO TAKE ACTION NOT INCONSISTENT WITH THE ARTICLES, BYLAWS, OR THE IOWA CODE. IN ORDER TO BE BINDING UPON THE BOARD OF DIRECTORS, ANY ACTION REQUIRES AN AFFIRMATIVE VOTE OF A MAJORITY OF ELIGIBLE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NO |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE FORM 990 IS REVIEWED BY BOARD MEMBERS FOLLOWING COMPLETION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO POSTED IN THE MAIN OFFICE OF THE CREDIT UNION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BOARD APPROVES COMPENSATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | BOARD APPROVES COMPENSATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | AT THE BOARD MEETING FOLLOWING THE COMPLETED RETURN DATE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 10B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 6855905 |
| IRS990/TotalAssetsEOYAmt | 0 | 6742320 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6855905 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6742320 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 8 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 322980 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 322980 |
| IRS990/TotalGrossUBIAmt | 0 | 5190 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 5408646 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 5290533 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 5408646 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 5290533 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1447259 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1451787 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 322980 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 322980 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 221537 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 322318 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 327508 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 5190 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 6855905 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6742320 |
| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1429 JERSEY LANE |
| IRS990/USAddress/CityNm | 0 | WATERLOO |
| IRS990/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/USAddress/ZIPCd | 0 | 50701 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARILYN K HILEMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGER/CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHICAGO CENTRAL COMMERCE |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CREDIT UNION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHIC |
| ReturnHeader/Filer/EIN | 0 | 420326940 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1005 E 4TH ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WATERLOO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 507033932 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 639E43D7064DA110D86365B3D40C5518D435221F |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | D66BD3CC8366E3365D854C2F224190509AC2AA47 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-10 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:34:26 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 461136044 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CORY WARMUTH CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1315 KNOLL AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WATERLOO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 50701 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3192346559 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CORY WARMUTH CPA |
| ReturnHeader/ReturnTs | 0 | 2019-05-10T15:34:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $6,742,320
- Liabilities
- $5,290,533
- Net assets
- $1,451,787
- Revenue
- $327,508
- Expenses
- $322,980
- Net income
- $4,528