2025-12-08T13:04:03-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 361894017 VICINITY CREDIT UNION VICI 7733766000 4444 S PULASKI RD CHICAGO IL 60632 JOHN GREGG CONTROLLER 7723766000 2025-12-08 0 AUBREY CLEGG P01076395 3052328272 2025-12-08 2024 2025-03-06 01:10:19Z X MARIO AGUIRRE 4444 S PULASKI RD CHICAGO IL 60632 13283274 0 X WWW.VICINITYCREDITUNION.COM X 1931 IL TO ENCOURAGE SAVINGS AND PROVIDE CREDIT AT A REASONABLE INTEREST RATE, FOR THE BENEFIT FOR MEMBERS. 9 9 65 14 56104 0 0 950000 10415547 7737499 3406834 4595775 0 0 13822381 13283274 0 0 0 0 3372905 3685558 0 0 0 10731182 9918224 14104087 13603782 -281706 -320508 286556422 275637523 278368040 266493847 8188382 9143676 TO ENCOURAGE SAVINGS AND PROVIDE CREDIT AT A REASONABLE INTEREST RATE, FOR THE BENEFIT FOR MEMBERS. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE CREDIT UNION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 2222 0 1 65 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X JOHN GREGG 7723766000 4444 S PULASKI RD CHICAGO IL 60632 PHILLIP C MOORE CHAIRPERSON 1.00 X 0 0 0 NEAL SUWE VICE CHAIRPERSON 1.00 X 0 0 0 DR TISA CHARLES TREASURER 1.00 X 0 0 0 JAIME GROTH SEARLE SECRETARY 1.00 X 0 0 0 CAROLYN A JOHNSON BOARD MEMBER 1.00 X 0 0 0 DR CARLA STEWART BOARD MEMBER 1.00 X 0 0 0 VIRGINIA BAUTISTA WHITE BOARD MEMBER 1.00 X 0 0 0 ANDREA BOTLEY BOARD MEMBER 1.00 X 0 0 0 MARIO AGUIRRE PRESIDENT/CEO 35.00 X 352101 0 10508 JOHN LENZ CFO 35.00 X 96343 0 2410 MARIA TRAVIS CHIEF RETAIL OPERATION OFFICER 35.00 X 134492 0 13513 JOHN GREGG CONTROLLER 35.00 X 43840 0 76 626776 0 26507 2 0 1 0 NEW GROUND PO BOX 6228 CAROL STREAM IL 60197 RENOVATION 3059958 CORELATION 2305 HISTORIC DECATUR RD SAN DIEGO CA 92106 CORE SYSTEM 453148 ALKAMI 5601 GRANITE PARWAY STE120 PLANO TX 75024 REMOTE DEPOSIT/ONLINE BANKING 167437 MICRODYNAMICS 900 KIMBERLY DR CAROL STREAM IL 60188 STATEMENTS 138001 LAMBERT SIGN SOLUTIONS 1038 DEER TRAIL BOURBONNAIS IL 60914 RENOVATION 132997 5 950000 950000 LOAN INTEREST INCOME 522100 6368019 6368019 FEES & CHARGES 522100 1313376 1313376 FINANCE AND INSURANCE 520000 56104 56104 7737499 4595775 4595775 13283274 12277170 56104 0 X 653283 2437211 18715 337853 238496 92822 14938 185430 32863 189169 932777 657391 808422 49803 31883 4029911 368985 73687 PROVISION FOR LOAN LOSS 1376481 LOAN SERVICING 657186 OTHER MISCELLANEOUS EXP 229493 VISA 89020 97963 13603782 26270288 43965366 11156380 907284 686785 132148092 107898843 588827 462181 5981871 5058292 2220460 923579 93236838 88579388 20749709 6465624 10434924 15499377 286556422 275637523 3424264 1533368 63000000 59000000 211943776 205960479 278368040 266493847 X 0 0 0 0 8188382 9143676 8188382 9143676 286556422 275637523 -320508 1441599 -165797 0 X X 0 1 X 1 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 659116 659116 3960736 3850359 110377 446314 429120 17194 915705 778813 136892 923579 ACCRUED INCOME 893508 CORE SYSTEM CONVERSION 1728526 OTHER ASSETS 106377 ROU ASSETS 568548 CONSTRUCTION IN PROGRESS 3759077 CREDIT UNION OWNED LIFE INSURANCE 6131953 FISERV 183000 SHARE INSURANCE 2128388 15499377 MEMBER SHARE DEPOSITS 205960479 205960479 X 13283274 0 13283274 0 13283274 13603782 0 13603782 0 13603782 PART X, LINE 2: THE CREDIT UNION IS GENERALLY EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES AND STATE CORPORATE BUSINESS TAX. HOWEVER, THE CREDIT UNION IS SUBJECT TO FEDERAL TAX ON NET UNRELATED BUSINESS INCOME. THE CREDIT UNION MAY RECOGNIZE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS FROM UNCERTAIN TAX POSITIONS. UNRECOGNIZED TAX BENEFITS REPRESENT THE DIFFERENCES BETWEEN A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND THE BENEFIT RECOGNIZED AND MEASURED IN THE FINANCIAL STATEMENTS. 0 0 0 MARIO AGUIRRE PRESIDENT/CEO 352101 0 0 0 0 0 9836 0 672 0 362609 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 DEPOSITORS IN THE CREDIT UNION ARE CONSIDERED MEMBERS WITH FULL MEMBERSHIP RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE THE RIGHT TO VOTE FOR THE BOARD OF DIRECTORS. ALL MEMBERS HAVE THE SAME VOTING RIGHTS. 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 11B THE RETURN IS PREPARED BY A THIRD PARTY BASED ON DATA COMPILED BY THE CONTROLLER AND HR DEPARTMENT. THE PRESIDENT/CEO REVIEWS AND APPROVES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE, OFFICER, AND DIRECTOR MUST NOTIFY THE CREDIT UNION OF ANY POTENTIAL CONFLICTS, THEN THE BOARD WILL DECIDE HOW TO HANDLE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINE THE SALARY OF ALL OFFICERS BASED ON UPON ACHIEVEMENT OF OBJECTIVES SET BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES MOST DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER OUTSIDE PROFESSIONAL SERVICES 32,863. FORM 990, PART IX, LINE 24E COOP SHARED BRANCHING 59,149. ASSOCIATION DUES 38,814. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. FORM 990, PART XII, LINE 3B: MANAGEMENT IS TAKING STEPS TO OBTAIN THE REQUIRED SINGLE AUDIT.