HEALTHCARE ASSOCIATES CREDIT UNION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HEALTHCARE ASSOCIATES CREDIT UNION (EIN 36-3047069)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-04-28
- IRS object ID
- 201101189349300025
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-28T19:00:10-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 West Madison Street | AddressLine1 |
| Address Line2 | Suite 700 | AddressLine2 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606024903 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363047069 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTHCARE ASSOCIATES CREDIT UNION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HEAL | NameControl |
| Phone | 6305057777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3053 | AddressLine1 |
| City | NAPERVILLE | City |
| State | IL | State |
| ZIP Code | 605667053 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH J KREGUL | Name |
| Title | PRESIDENT | Title |
| Date Signed | 2011-04-27 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3128997000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH J KREGUL | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3053 | AddressLine1 |
| City | NAPERVILLE | City |
| State | IL | State |
| ZIP Code | 605567053 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15240773 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.HACU.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | COOPERATIVE | TypeOfOrgOtherDescription |
| Year Formation | 1979 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | HEALTHCARE ASSOCIATES CREDIT UNION'S MISSION IS TO ENCOURAGE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF REASONABLE CREDIT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 79 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 14526505 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 14523258 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 401570 | InvestmentIncomePriorYear |
| Investment Income Current Year | 602852 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1190430 | OtherRevenuePriorYear |
| Other Revenue Current Year | 114663 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16118505 | TotalRevenuePriorYear |
| Total Revenue Current Year | 15240773 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4949537 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5136261 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8882273 | OtherExpensePriorYear |
| Other Expenses Current Year | 8889811 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13831810 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14026072 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2286695 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1214701 | RevenuesLessExpensesCY |
| Total Assets BOY | 218310793 | TotalAssetsBOY |
| Total Assets EOY | 228767428 | TotalAssetsEOY |
| Total Liabilities BOY | 189717195 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 199405835 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28593598 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29361593 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF HEALTHCARE ASSOCIATES CREDIT UNION IS TO ENCOURAGE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF REASONABLE CREDIT. | MissionDescription |
| Significant Change | false | SignificantChange |
| Description | LOANS ARE GRANTED TO INDIVIDUALS WHO ARE MEMBERS THAT ARE IN GOOD STANDING WITH THE CREDIT UNION AND WHO QUALIFY FOR SUCH LOANS. LOANS PROVIDED CONSIST OF HOME EQUITY, CREDIT CARD, AND VEHICLE LOANS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SHAREDRAFT ACCOUNTS ARE OFFERED AT A NO-MONTHLY FEE BASIS TO THOSE MEMBERS WHO APPLY AND ARE IN GOOD STANDING WITH THE CREDIT UNION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ATM/DEBIT CARDS AND CHECKCARDS ARE AVAILABLE TO MEMBERS WHO APPLY FOR ELECTRONIC ACCESS TO THEIR ACCOUNTS FOR DEPOSIT AND WITHDRAWAL OF FUNDS AND ACCOUNT INFORMATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | true | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 7934 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 79 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH J KREGUL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6302765555 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 E WARRENVILLE ROAD | AddressLine1 |
| City | NAPERVILLE | City |
| State | IL | State |
| ZIP Code | 60566 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JANE E BRANNON | |||||||
| PRESIDENT/CEO (PARTIAL YEAR) | 50 | X | X | 257305 | 0 | 40243 | |
| WILLIAM J HUFF | |||||||
| PAST CHAIRMAN | 1 | X | X | 0 | 0 | 0 | |
| KENNETH J ROJEK | |||||||
| CHAIRMAN | 1 | X | X | 0 | 0 | 0 | |
| MARGARET MCDERMOTT | |||||||
| VICE CHAIRMAN | 1 | X | X | 0 | 0 | 0 | |
| ALBERT LEWIS | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| J CHRIS MAHAFFEY | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| JOHN F MORGAN | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| KENNETH C ROBBINS | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| JOHN J YEP | |||||||
| TREASURER/SECRETARY | 1 | X | 0 | 0 | 0 | ||
| JOHN J RALEIGH | |||||||
| DIRECTOR | 1 | X | 0 | 0 | 0 | ||
| JOSEPH J KREGUL | |||||||
| PRESIDENT/CEO (PARTIAL YEAR) | 50 | X | X | 166380 | 0 | 37511 | |
| TODD NIEDERMEIER | |||||||
| VICE PRESIDENT | 50 | 141651 | 0 | 33287 | X | ||
| VICKI SCHULTZ | |||||||
| VICE PRESIDENT | 50 | 107995 | 0 | 20470 | X | ||
| BRIAN BULTMAN | |||||||
| VICE PRESIDENT | 50 | 123360 | 0 | 36105 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 796691 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 167616 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PEMCO TECHNOLOGIES | |||||
| 1100 OLIVE WAY SUITE 150 | SEATTLE | WA | 98101 | CARD SERVICES | 538024 |
| MICRODYNAMICS GROUP | |||||
| 80 INTERNATIONALE BLVD UNIT C | GLENDALE HEIGHTS | IL | 60139 | STATEMENT PROCESSING | 225581 |
| ILLINOIS HOSPITAL ASSOCIATION | |||||
| 37092 EAGLE WAY | CHICAGO | IL | 60678 | ADMINISTRATIVE SERVICES | 208518 |
| VISA USA INC | |||||
| 595 MARKET STREET | SAN FRANCISCO | CA | 94104 | CARD BRAND & NETWORK | 185998 |
| FISERV | |||||
| 444 COMMERCE ST 100 | AURORA | IL | 60504 | SYSTEM DECONVERSION | 183194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| Member Loans | 10130673 | 10130673 |
| Share/Check Program | 2599150 | 2599150 |
| ATM/Debit Card Services | 1015359 | 1015359 |
| Credit Card Program | 557702 | 557702 |
| Insurance Program | 220374 | 220374 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 14523258 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 602852 | TotalRevenueColumn |
| Exclusion | $602,852 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS REVENUE | Description |
| Total Revenue Column | 114663 | TotalRevenueColumn |
| Related Or Exempt Function Income | 114663 | RelatedOrExemptFunctionIncome |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 114663 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15240773 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14637921 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $602,852 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 964307 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2786568 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339221 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 747019 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299146 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1329 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111152 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187280 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 343624 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 585359 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340959 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 477398 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123545 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 494282 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70358 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Loan Loss Provision | 2010679 |
| Dividend Expense | 1464157 |
| ATM/Interest Branch Expenses | 883285 |
| Loan Expenses | 632251 |
| Member Checking Account | 286208 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 877945 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14026072 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2495030 | BOY |
| EOY | 2434516 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45905742 | BOY |
| EOY | 55912236 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 270235 | BOY |
| EOY | 626519 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 164810633 | BOY |
| EOY | 158865709 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202742 | BOY |
| EOY | 332330 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4727722 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3401686 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1542036 | BOY |
| EOY | 1326036 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 395880 | BOY |
| EOY | 5737729 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2688495 | BOY |
| EOY | 3532353 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 218310793 | BOY |
| EOY | 228767428 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1773684 | BOY |
| EOY | 1260942 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16612 | BOY |
| EOY | 2283 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187926899 | BOY |
| EOY | 198142610 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189717195 | BOY |
| EOY | 199405835 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28593598 | BOY |
| EOY | 29361593 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28593598 | BOY |
| EOY | 29361593 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 218310793 | BOY |
| EOY | 228767428 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1214701 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -446706 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 2677 | PoliticalExpenditures |
| Amt Expended For527 Activities | 0 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 2677 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 2677 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | true | Form1120PolFiled |
Sec527 Pol Orgs Sec527PolOrgs
Name Of527 Organization NameOf527Organization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUPAC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1807 W DIEHL RD | AddressLine1 |
| City | NAPERVILLE | City |
| State | IL | State |
| ZIP Code | 60563 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363092340 | EIN |
| Amt Pd From Internal Funds | 2677 | AmtPdFromInternalFunds |
| Amt Of Contribs Recd Delivered | 0 | AmtOfContribsRecdDelivered |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of political campaign activities | Identifier |
| Return Reference | Schedule C, Part I-A, Line 1 | ReturnReference |
| Explanation | HEALTHCARE ASSOCIATES CREDIT UNION CONTRIBUTED INTO A PAC WITH CUPAC FOR THE CALENDAR YEAR. A SEPARATE FORM 1120-POL WAS FILED TO PAY THE REQUIRED TAX ON THIS AMOUNT. | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1389465 | OtherCostOrOtherBasis |
| Depreciation | 748659 | Depreciation |
| Book Value | 640806 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1193754 | OtherCostOrOtherBasis |
| Depreciation | 815853 | Depreciation |
| Book Value | 377901 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2144503 | OtherCostOrOtherBasis |
| Depreciation | 1837174 | Depreciation |
| Book Value | 307329 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1326036 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| MEMBERS' SHARE ACCOUNTS | $0 |
| MEMBERS' SHARE ACCOUNTS | $198,142,610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 198142610 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THERE WAS NO IMPACT TO THE CREDIT UNION UPON ADOPTION OF THIS NEW GUIDANCE AS THERE WAS NO ACCRUAL NECESSARY AS OF YEAR END. THE CREDIT UNION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN THE OPERATIONS SECTION OF THE STATEMENT OF INCOME. NO INTEREST OR PENALTIES WERE INCURRED DURING 2010 AND 2009. |
| Other changes in net assets | Schedule D, Part XI, Line 8 | <OTHERVALUES> <OTHER> <DESCRIPTION>IMPAIRMENT OF MEMBERSHIP SHARES</DESCRIPTION> <AMOUNT>-446706</AMOUNT> </OTHER> </OTHERVALUES> |
| Other revenues in audited financial statements not in form 990 | Schedule D, Part XII, Line 2d | <OTHERVALUES /> |
| Other revenues in form 990 not in audited financial statements | Schedule D, Part XII, Line 4b | <OTHERVALUES /> |
| Other expenses in audited financial statements not in form 990 | Schedule D, Part XIII, Line 2d | <OTHERVALUES> <OTHER> <DESCRIPTION>IMPAIRMENT OF MEMBERSHIP SHARES</DESCRIPTION> <AMOUNT>446706</AMOUNT> </OTHER> </OTHERVALUES> |
| Other expenses in form 990 not in audited financial statements | Schedule D, Part XII, Line 4b | <OTHERVALUES /> |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JANE E BRANNON | |||||||||||||
| 201732 | 0 | 43183 | 0 | 12390 | 0 | 28712 | 0 | 11531 | 0 | 297548 | 0 | 0 | 0 |
| JOSEPH J KREGUL | |||||||||||||
| 141431 | 0 | 20850 | 0 | 4099 | 0 | 18508 | 0 | 19003 | 0 | 203891 | 0 | 0 | 0 |
| TODD NIEDERMEIER | |||||||||||||
| 121411 | 0 | 19650 | 0 | 590 | 0 | 16087 | 0 | 17200 | 0 | 174938 | 0 | 0 | 0 |
| BRIAN BULTMAN | |||||||||||||
| 104706 | 0 | 17900 | 0 | 754 | 0 | 13553 | 0 | 22552 | 0 | 159465 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Classes of members or stockholders | Form 990, Part VI, Section A, Line 6 | HEALTHCARE ASSOCIATES CREDIT UNION IS A MEMBER OWNED COOPERATIVE NONPROFIT ORGANIZATION GOVERNED BY A TEN MEMBER BOARD OF DIRECTORS. THE BOARD IS COMPRISED OF ACTIVE MEMBERS OF THE CREDIT UNION WHO ARE APPOINTED BY THE MEMBERSHIP THROUGH A DEMOCRATIC ELECTION PROCESS. MEMBERSHIP INCLUDES EMPLOYEES AND THEIR FAMILY MEMBERS OF THE ILLINOIS HOSPITAL ASSOCIATION (IHA) AND ITS SUBSIDIARIES, ORGANIZATIONS THAT ARE MEMBERS OF THE IHA AND PEOPLE RESIDING OR WORKING IN CERTAIN GEOGRAPHICAL LIMITS OF COOK AND DUPAGE COUNTIES OF ILLINOIS. FOR ALL DECISIONS OUTSIDE THE ELECTION OF THE BOARD OF DIRECTORS, EACH MEMBER IS GIVEN ONE VOTE TO CAST ON THE ISSUE AT HAND. |
| Members or stockholders electing members of governing body | Form 990, Part VI, Section A, Line 7a | MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION. ALL VOTING ON THE ELECTION OF DIRECTORS SHALL BE BY BALLOT. EVERY MEMBER HAS THE RIGHT TO VOTE THE NUMBER OF SHARES THEY OWN FOR AS MANY PERSONS AS THERE ARE DIRECTORS TO BE ELECTED. |
| Decisions requiring approval by members or stockholders | Form 990, Part VI, Section A, Line 7b | AT ANY MEMBERSHIP MEETING, A MAJORITY OF THE MEMBERS PRESENT MAY DIRECT THE BOARD TO CONSIDER POLICIES PROPOSED BY THE MEMBERS, OR RECONSIDER ANY DECISION OF THE DIRECTORS OR COMMITTEES. FURTHERMORE, THE MEMBERS MUST APPROVE OF ANY CONSOLIDATIONS OR MERGERS. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | THE FORM 990 IS THOROUGHLY REVIEWED BY THE CFO AND THE CEO. MANAGEMENT ALSO REVIEWED THE RETURN WITH THE CHAIR OF THE CREDIT UNION'S SUPERVISORY COMMITTEE BEFORE IT WAS TIMELY FILED. EACH BOARD MEMBER ALSO RECEIVED A COPY OF THE RETURN PRIOR TO FILING WITH THE IRS. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | ANNUALLY ALL INTERESTED PERSONS, INCLUDING THE FULL GOVERNING BODY, SIGN A STATEMENT OF DISCLOSURE OF CONFLICTS OF INTEREST QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS BETWEEN THEMSELVES AND THE CREDIT UNION. INTERNAL MANAGEMENT REVIEWS THE QUESTIONNAIRES AND MONITORS AND ENFORCES COMPLIANCE OF THIS POLICY AT ITS ANNUAL ORGANIZATIONAL MEETING. IF A CONFLICT IS PRESENT, THE BOARD MEMBER WITH THE CONFLICT ABSTAINS FROM VOTING ON THE PARTICULAR ISSUE IN QUESTION. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | THE CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD ON AN ANNUAL BASIS. EVERY 2-3 YEARS COMPENSATION IS REVIEWED BY AN INDEPENDENT THIRD PARTY WHERE SALARY IS COMPARED TO OTHER CREDIT UNIONS OF SIMILAR SIZE. ONCE THE BOARD APPROVES THE COMPENSATION THIS DECISION IS DOCUMENTED IN THE BOARD MINUTES. |
| Public Disclosure | Form 990, Part VI, Section C, Line 19 | NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. |
| PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES | FORM 990, PART VI, SECTION B, LINE 15B | THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION FOR OTHER OFFICERS REPORTED IN PART VII. SALARY COMPARISONS ARE PERFORMED AGAINST OTHER CREDIT UNIONS OF SIMILAR SIZE. THIS PROCESS IS PERFORMED ANNUALLY DURING THE MONTH OF MAY. THE LAST REVIEW PERFORMED WAS MAY 2010. |
| Other changes in net assets or fund balances | Form 990, Part XI, Line 5 | IMPAIRMENT OF MEMBERSHIP SHARES - -446706; |