2015-11-16T12:58:18-07:00 2014-12-31 990 2014-01-01 366066772 ALLIANT CREDIT UNION ALLI 7734622017 11545 W Touhy Avenue Chicago IL 60666 Harry Zhu Chief Financial Officer 8003281935 2015-11-16 2014 2016-04-25 22:37:26Z David Mooney 11545 W Touhy Avenue Chicago IL 60666 956034697 0 X www.alliantcreditunion.org X 1935 IL Alliant Credit Union operates to benefit members. Alliant Credit Union operates without profit for mutual purpose. We strive to benefit our members through higher dividends on savings and lower loan rates. 11 10 427 0 0 0 0 0 0 166051367 36036226 37673671 152772979 18359006 188809205 222084044 15250 15250 0 0 36250909 42286707 0 0 0 112859642 109291894 149125801 151593851 39683404 70490193 8151987438 8131821537 7299034616 7209599329 852952822 922222208 Alliant Credit Union operates to benefit members. Alliant Credit Union operates without profit for mutual purpose. We strive to benefit our members through higher dividends on savings and lower loan rates. 0 0 15250 10000 College scholarship assitstance is provided directly to the institution where the award recepients attend and the computer gift awards are gift certificates that can be used only at a specific computer retailer, making the purchase limitd to only computers or computer related items. The applicant must be an Alliant member in good standing and have an Alliant savings account in his/her name. The applicant must be applying to or enrolled in an accredited undergraduate program at a college, university, or vocational/technical institution during the fall semester (minimum 12 credit hours per semester; graduate programs do not qualify). Alliant employees, members of the Board of Directors, scholarship committee members, and their family members of the same household are not eligible. 0 0 0 15250 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 212891 0 1 427 1 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X Kevin Devlin 7734622017 11545 W Touhy Avenue Chicago IL 60666 Anne Pease Board Member 1 0 X 0 0 0 Alexandra P Marren Board Member 1 0 X 0 0 0 Irwin Gzesh Board Member 1 0 X 0 0 0 Edward J Rogowski Chairperson 1 0 X 0 0 0 Ted Davidson Board Member 1 0 X 0 0 0 John Gebo Board Member 1 0 X 0 0 0 David Leib Board Member 1 0 X 0 0 0 Lee Achord Board Member 1 0 X 0 0 0 Julian Chu Board Member 1 0 X 0 0 0 Scott Wilson Board Member 1 0 X 0 0 0 David Mooney Executive Director/CEO 40 0 X X 1106938 0 15872 Harry Zhu CFO 40 0 X 335704 0 20570 Philip Salis Senior Vice President 40 0 X 402378 0 20161 Timothy Wartman Senior Vice President 40 0 X 418762 0 12455 Jason Ostehage Senior Vice President 40 0 X 342043 0 20510 Lee Schafer Senior Vice President 40 0 X 408138 0 17591 George Rudolph Senior Vice President 40 0 X 347803 0 12478 Meredith Ritchie VP, General Councel & Chief Ethics Officer 40 0 X 235162 0 8311 Wayne Rosenwinkle Chief Investment Officer 40 0 X 257756 0 18106 John Sweitzer Mortgage Loan Officer 40 0 X 322922 0 15504 Laura Wallace VP, Attended Channels 40 0 X 242030 0 15020 Al Pitcher VP, Information Technology 40 0 X 277801 0 17483 Kevin Devlin VP, Accounting 40 0 X 250992 0 15225 William Lothridge VP, Human Capital Group 40 0 X 242403 0 10714 5190832 0 220000 98 0 1 0 The North Highland Company 3333 Piedmont Rd Atlanta GA 30305 Financial Services Consulting 1703298 Mindtree LTD 2531 Technology Drive suite 312 Elgin IL 60124 Digital Marketing Consulting Services 544706 Accretive Solutions 1 S Wacker Dr Chicago IL 60606 Business Technology Services 250601 Ricoh USA INC 750 W Lake Cook Rd Buffalo Grove IL 60089 Copier and Printer Services 206238 Behavioral Ideas Lab 80 Broad St New York NY 10004 Research organization 156549 9 0 Loan Interest Income 522130 166051367 166051367 0 0 0 0 0 0 166051367 34577696 34577696 0 0 0 0 0 0 0 0 0 0 0 0 733963912 3082716 733950653 0 13259 3082716 3095975 3095975 0 0 Non Interest Income 522130 18359006 18359006 0 0 0 0 0 0 18359006 222084044 222084044 0 0 0 15250 0 0 4790046 0 30020694 1580305 3422454 2473208 0 301443 188396 0 0 0 4194711 0 3594187 4428665 0 2216352 1375841 0 319678 716022 0 3988377 369764 Provision for Loan Loss 11096621 Program Expense 13903504 Dividends 54139761 8458572 151593851 0 0 0 304540954 0 502500 304994551 1377509 50890 4091535797 4810368955 2887097 4420192 54706606 36734867 14666161 17971739 3632480443 2841890272 666953 604500 686426 568790 102643598 150951648 8151987438 8131821537 20919761 23292705 1839316 1574065 429446525 434817700 6846829014 6749914859 7299034616 7209599329 X 0 0 0 0 852952822 922222208 852952822 922222208 8151987438 8131821537 70490193 -1220807 0 0 0 0 X 0 1 X 1 0 1000 0 1000 0 1000 1 CUPAC 1807 W Diehl Road PO Box 3107 Naperville IL 605667107 363092340 1000 0 Schedule C, Part I-A, Line 1 The contribution of $1,000 is related to the Credit Union Political Action Council. 0 0 0 0 8137659 4372301 3765358 0 4123374 2598905 1524469 0 42445573 29763661 12681912 0 0 0 0 17971739 Memeber's Shares 6749914859 6749914859 1 College Scholarship 5 10000 0 Computer Gift Awards 9 0 5250 Schedule I, Part I, Line 2 College scholarship assitstance is provided directly to the institution where the award recepients attend and the computer gift awards are gift certificates that can be used only at a specific computer retailer, making the purchase limitd to only computers or computer related items. The applicant must be an Alliant member in good standing and have an Alliant savings account in his/her name. The applicant must be applying to or enrolled in an accredited undergraduate program at a college, university, or vocational/technical institution during the fall semester (minimum 12 credit hours per semester; graduate programs do not qualify). Alliant employees, members of the Board of Directors, scholarship committee members, and their family members of the same household are not eligible. X X X 0 1 0 Anne Pease Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Alexandra P Marren Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Irwin Gzesh Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Edward J Rogowski Chairperson 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Ted Davidson Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 John Gebo Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 David Leib Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Lee Achord Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Julian Chu Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Scott Wilson Board Member 0 0 0 0 0 0 0 0 0 0 0 0 0 0 David Mooney Executive Director/CEO 546695 0 542743 0 17500 0 10210 0 5661 0 1122809 0 0 0 Timothy Wartman Senior Vice President 271321 0 129941 0 17500 0 4143 0 8311 0 431216 0 0 0 Lee Schafer Senior Vice President 263852 0 126786 0 17500 0 13000 0 4591 0 425729 0 0 0 Philip Salis Senior Vice President 287527 0 97351 0 17500 0 13000 0 7161 0 422539 0 0 0 George Rudolph Senior Vice President 245234 0 85069 0 17500 0 6405 0 6073 0 360281 0 0 0 Jason Ostehage Senior Vice President 243543 0 81000 0 17500 0 12539 0 7971 0 362553 0 0 0 Harry Zhu CFO 237462 0 80742 0 17500 0 12261 0 8309 0 356274 0 0 0 Meredith Ritchie VP, General Councel & Chief Ethics Officer 180949 0 54213 0 0 0 0 0 8311 0 243473 0 0 0 Wayne Rosenwinkle Chief Investment Officer 188258 0 53410 0 16088 0 9112 0 8993 0 275861 0 0 0 John Sweitzer Mortgage Loan Officer 103579 0 219343 0 0 0 6923 0 8581 0 338426 0 0 Al Pitcher VP, Information Technology 204002 0 56613 0 17186 0 9171 0 8311 0 295283 0 0 0 Laura Wallace VP, Attended Channels 190786 0 51244 0 0 0 11758 0 3261 0 257049 0 0 0 Kevin Devlin VP, Accounting 182955 0 50565 0 17472 0 11264 0 3961 0 266217 0 0 0 William Lothridge VP, Human Capital Group 178228 0 46927 0 17248 0 5753 0 4961 0 253117 0 0 0 Schedule J, Part I, Line 4 Alliant offers a supplemental deferred compensation program to SVP's and above. Form 990, Part VI, Section A, Line 6 There is only one class of membership within the credit union. Organization and trust accounts are allowed with ownership specifically tied back to the individual. The only organization accounts allowed within the bylaws of Alliant are not for profit entities and/or associations. For purposes of voting, each full share ($5) is afforded one vote with respect to regular shares. Therefore, individual accounts can have multiple votes based upon the value of the account relative to individual full $5 increments. For trust and organizational accounts, each account is afforded one vote no matter the dollar amount of the account. Form 990, Part VI, Section A, Line 7a There is only one class of membership within the credit union. Organization and trust accounts are allowed with ownership specifically tied back to the individual. The only organization accounts allowed within the bylaws of Alliant are not for profit entities and/or associations. For purposes of voting, each full share ($5) is afforded one vote with respect to regular shares. Therefore, individual accounts can have multiple votes based upon the value of the account relative to individual full $5 increments. For trust and organizational accounts, each account is afforded one vote no matter the dollar amount of the account. Form 990, Part VI, Section A, Line 7b An annual members meeting is held where the members have voting rights to elect new board members. Form 990, Part VI, Section B, Line 11b The form 990 is prepared internally within the organization. The preparation process is led by a senior staff accountant within the Financial Reporting group and coordinated with various other senior leadership individuals within the credit union. Specifically the manager of Human Resources participates in the process through support in gathering specific information related to the board and the compensation of the credit union officers information. Once the return is prepared, it is reviewed by the Vice President of Accounting. A final review of the 990 is completed and signed off by the Chief Financial Officer/ Senior Vice President of Finance. Once the return is completed and filed, management communicates to the Board of Directors that we have met the filing requirements of the form 990 with the IRS but a copy is not provided. Form 990, Part VI, Section B, Line 12c Alliant Credit Union regularly monitors and enforces the compliance of our conflict of interest policy through periodic audits and enforcement of vendor management policies. Form 990, Part VI, Section B, Line 15 Compensation of all positions within the credit union are benchmarked against the external market using an outside service. Additionally and where available, survey data with comparable positions in comparable markets is used for benchmarking. Compensation strategy for positions other than Officer level positions are reviewed and confirmed by the CEO. The CEO's compensation is validated and recommended for approval through the Chairperson of BOD and the Board's Talent and Compensation Committee. Form 990, Part VI, Section C, Line 19 The governing documents and conflict of interest policy are not made readily available to the general public. If those documents were specifically requested, a copy would be provided to the member. The financial information is available in a number of ways. An annual report of unaudited information is available on the credit unions website. In addition, specific financial information is required per regulatory authority to be filed quarterly with the National Credit Union Association and the Illinois Department of Financial and Professional Regulation. This information is available to the general public through a third party site. In addition, an annual audit report is provided to a member upon specific request. Alliant Credit Union Foundation 11545 W Touhy Avenue Chicago IL 60666 711052113 Private Foundation IL 501(c)(3) Private Foundation N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 An additional (non-automatic) extension was filed on form 8868. The extension was granted for the 2014 tax year.