2016-08-15T13:31:52-05:00 2015-12-31 420714325 RSM US LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2015-01-01 361848945 ILLINOIS COMMUNITY CREDIT UNION ILLI 8158954541 508 WEST STATE STREET SYCAMORE IL 60178 BRIAN MANN CFO 8158954541 2016-08-09 1 GERALD B KISSELL P00092658 6123324300 2015 2016-12-15 16:53:06Z THOR DOLAN 508 WEST STATE STREET SYCAMORE IL 60178 6536610 0 X WWW.ILCOMCU.ORG X 1935 IL ILLINOIS COMMUNITY CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION, DEDICATED TO PROVIDING QUALITY PRODUCTS AND SERVICES THAT MEET THE NEEDS OF OUR MEMBERS AND THE COMMUNITIES WE SERVE. 7 7 56 10 0 0 0 0 6395893 5636674 227726 299789 39260 0 6662879 5936463 0 0 463700 399572 2180350 2190842 0 0 0 2211951 2046281 4856001 4636695 1806878 1299768 76861724 76583225 67761969 66223012 9099755 10360213 ILLINOIS COMMUNITY CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION, DEDICATED TO PROVIDING QUALITY PRODUCTS AND SERVICES THAT MEET THE NEEDS OF OUR MEMBERS AND THE COMMUNITIES WE SERVE. 0 0 PROVIDED SAVINGS AND CHECKING ACCOUNT SERVICES FOR 12,558 MEMBERS. THESE ACCOUNTS INCLUDE CHRISTMAS CLUB ACCOUNTS FOR MEMBERS TO AUTOMATICALLY SET ASIDE A FIXED AMOUNT EACH MONTH, TO BE TRANSFERRED INTO THEIR REGULAR SAVINGS ACCOUNT IN NOVEMBER OF EACH YEAR. WE ALSO PROVIDE CHECKING ACCOUNTS FOR PEOPLE THAT NORMALLY WOULDN'T QUALIFY FOR CHECKING ACCOUNTS DUE TO NEGATIVE EVENTS IN THEIR PAST BANKING HISTORY, ALONG WITH OTHER CHECKING ACCOUNTS BASED ON WHERE A MEMBER MAY BE IN THEIR FINANCIAL LIFE. PROVIDED $19,448,057 IN CONSUMER AND RESIDENTIAL LOANS TO OUR MEMBERSHIP, WHICH INCLUDES AUTO LOANS, CREDIT CARDS, FIRST MORTGAGES AND HOME EQUITY LOANS. 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 772 0 1 56 1 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 0 1 0 1 1 1 0 X BRIAN MANN 8156956405 501 W MAIN ST GENOA IL 60135 DAVID THURWANGER CHAIR 2.00 X X 0 0 0 DOUGLAS LINDGREN VICE-CHAIR 2.00 X X 0 0 0 ADAM FERGUSON SECRETARY 2.00 X X 0 0 0 RICHARD OTT TREASURER 2.00 X X 0 0 0 ANTHONY CVEK DIRECTOR 2.00 X 0 0 0 DANA CROWLEY DIRECTOR 2.00 X 0 0 0 STEVE ELSIK DIRECTOR 2.00 X 0 0 0 THOR DOLAN CEO 40.00 X 162503 0 11189 BRIAN MANN CFO 40.00 X 96068 0 8351 258571 0 19540 1 0 1 0 RSM US LLP 1252 BELL VALLEY ROAD SUITE 300 ROCKFORD IL 61108 ACCOUNTING/AUDITING SERVICES 137924 1 INTEREST FROM MEMBERS 522100 3289280 3289280 OTHER INCOME 522100 925870 925870 RECOVERY OF LOAN LOSS 522100 800000 800000 FEE INCOME 522100 621524 621524 5636674 280795 280795 500000 119141 469934 130213 30066 -11072 18994 18994 5936463 5636674 0 299789 399572 278111 1594693 24703 127158 166177 85352 112233 381021 226318 210786 301244 200299 1312 40496 205 99508 49634 LOAN SERVICING 165828 OTHER EXPENSES 92360 VISA CREDIT CARD PROGRA 50408 REGILATORY FEES 29277 4636695 796991 975036 9995250 3989661 226202 44919248 45594965 75441 415056 4076695 2568045 1212902 1508650 18401305 19316826 1460587 4556829 76861724 76583225 363409 309787 67398560 65913225 67761969 66223012 X 0 0 0 0 9099755 10360213 9099755 10360213 76861724 76583225 1299768 -39310 0 X 0 1 X 1 0 616154 616154 1336963 741557 595406 2123578 1826488 297090 1508650 FED AGENCY AVAILABLE FOR SALE 3430491 F FED AGENCY MBS- AVAILABLE FOR SALE 760943 F INSURED BANK CDS 15013887 C INVESTMENT IN CORPORATE CU 111505 C 19316826 ACCRUED INTEREST ON LOANS 155172 ACCRUED INTEREST ON INVESTMENTS 48280 FORECLOSED/REPOSSESSED ASSETS 7075 NCUSIF DEPOSIT 659289 CREDIT UNION OWNED LIFE INSURANCE 3687013 4556829 SHARES/DRAFTS/CDS 65913225 65913225 X 0 0 0 THOR DOLAN CEO 153803 0 8700 0 0 0 2900 0 8289 0 173692 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 THE CEO AND CFO REVIEW FORM 990 PRIOR TO FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY AS PART OF THE PERIODIC REVIEW OF POLICIES. THE POLICY IS SILENT ON VOLUNTARY DISCLOSURE. IT INSTRUCTS DIRECTORS AND EMPLOYEES TO AVOID SITUATIONS THAT MAY GIVE RISE TO A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 INDUSTRY DATA OF OUR PEER GROUP IS EVALUATED ALONG WITH CURRENT ECONOMIC CONDITIONS BY A COMMITTEE OF THREE DIRECTORS. AN OVERALL PERCENTAGE IS DERIVED AND OCCASSIONALLY THE COMMITTEE WILL MAKE RECOMMENDATIONS FOR INDIVIDUAL KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES OF THE CREDIT UNION ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FINANCIAL INFORMATION IS POSTED IN LOBBIES AT ALL LOCATIONS EACH MONTH.