DUPAGE CREDIT UNION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: DUPAGE CREDIT UNION (EIN 36-2499724)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-06-24
IRS object ID: 201101759349300010
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
Form 990
Schedule C
Schedule D
Schedule J
Schedule O
Reasonable Cause Explanation

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-06-24T09:51:33-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	362499724	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	DUPAGE CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	DUPA	NameControl
Phone	6304283440	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1515 Bond Street	AddressLine1
City	Naperville	City
State	IL	State
ZIP Code	605633930	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Robert M Palumbo	Name
Title	President	Title
Phone	6304283440	Phone
Date Signed	2011-06-24	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	DUPAGE CREDIT UNION	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1515 BOND STREET	AddressLine1
City	NAPERVILLE	City
State	IL	State
ZIP Code	60563	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	122821955	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.dupagecu.com	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	COOPERATIVE	TypeOfOrgOtherDescription
Year Formation	1956	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	AS A COOPERATIVE, WE OFFER FINANCIAL PRODUCTS AND SERVICES TO ENHANCE THE ECONOMIC WELL-BEING OF OUR MEMBERS NOW AND INTO THE FUTURE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	128	TotalNbrEmployees
Total Nbr Volunteers	9	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	19293008	ProgramServiceRevenuePriorYear
Program Service Revenue CY	18344297	ProgramServiceRevenueCY
Investment Income Prior Year	-3888827	InvestmentIncomePriorYear
Investment Income Current Year	715717	InvestmentIncomeCurrentYear
Other Revenue Prior Year	41100	OtherRevenuePriorYear
Other Revenue Current Year	49315	OtherRevenueCurrentYear
Total Revenue Prior Year	15445281	TotalRevenuePriorYear
Total Revenue Current Year	19109329	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
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	6372590	SalariesEtcPriorYear
Salaries Etc Current Year	6427640	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	12086369	OtherExpensePriorYear
Other Expenses Current Year	12496207	OtherExpensesCurrentYear
Total Expenses Prior Year	18458959	TotalExpensesPriorYear
Total Expenses Current Year	18923847	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-3013678	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	185482	RevenuesLessExpensesCY
Total Assets BOY	268002708	TotalAssetsBOY
Total Assets EOY	264161775	TotalAssetsEOY
Total Liabilities BOY	252281644	TotalLiabilitiesBOY
Total Liabilities EOY	248255229	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	15721064	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	15906546	NetAssetsOrFundBalancesEOY
Mission Description	AS A COOPERATIVE, WE OFFER FINANCIAL PRODUCTS AND SERVICES TO ENHANCE THE ECONOMIC WELL-BEING OF OUR MEMBERS NOW AND INTO THE FUTURE.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	0	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	PROVIDED CHECKING ACCOUNTS TO OVER 16,000 MEMBERS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	0	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	PROVIDED FIRST AND SECOND MORTGAGES TO OVER 2000 MEMBERS	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	0	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	PROVIDED CREDIT CARDS AND DEBIT CARDS TO OVER 10,000 MEMBERS	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	0	TotalProgramServiceExpense
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	1	PoliticalActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	9012	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	128	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	1	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	DUPAGE CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	6304283440	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1515 BOND STREET	AddressLine1
City	NAPERVILLE	City
State	IL	State
ZIP Code	605633930	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
WILLIAM HICKS
CHAIRMAN OF THE BOARD	1	X	0	0	0
DEBRA RAGUSA
VICE CHAIRMAN OF THE BOARD	1	X	0	0	0
JAMES MARTNER
SECRETARY OF THE BOARD	1	X	0	0	0
KRAIG KNUDSEN
BOARD TREASURER	1	X	0	0	0
JUDY LYONS
BOARD MEMBER	1	X	0	0	0
CHARLES MILLER
BOARD MEMBER	1	X	0	0	0
LAWRENCE KAMMES
BOARD MEMBER	1	X	0	0	0
ROBERT M PALUMBO
PRESIDENT	55		284554	0	13131	X
DEBRA LANGE
SENIOR VICE PRESIDENT	55		148914	0	5579		X
DIANE SHELTON
SENIOR VICE PRESIDENT	55		137436	0	5582		X
ROBERTA KOZLOWICZ
SENIOR VICE PRESIDENT	55		145978	0	5564		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	716882	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	29856	TotalOtherCompensation
Number Individuals GT100 K	4	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FREESE AND ASSOCIATES
812 E ST CHARLES RD	LOMBARD	IL	60148	PROPERTY APPRAISAL	280655
DEALER ONE INC
224 SOUTHGATE DR	NORTHBROOK	IL	60062	ESC AND GAP INSURANCE	164061
FISERVE SOLUTIONS
75 REMITTANCE DR	CHICAGO	IL	60675	DATA PROCESSING AND COMPUTER	206106
CUNA MUTUAL GROUP
5910 MINERAL POINT ROAD	MADISON	WI	53705	INSURANCE AND BOND	120085
CDW DIRECT INC
P O BOX 75723	CHICAGO	IL	60675	COMPUTER EQUIPMENT	129399

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
INTEREST INCOME ON LOANS TO MEMBERS	900099	13713177	13713177	$0
FEES AND CHARGES TO RECOVER COSTS PROVIDE SERVICES	900099	4542795	4542795	$0
INSURANCE RELATED ACTIVITY	524298	88325	88325	$0

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	18344297	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	184581	TotalRevenueColumn
Related Or Exempt Function Income	184581	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

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

Royalties Revenue RoyaltiesRevenue

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

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	73745	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	24430	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	49315	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	49315	TotalRevenueColumn
Related Or Exempt Function Income	49315	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	104219332	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	103688196	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	531136	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	531136	TotalRevenueColumn
Related Or Exempt Function Income	531136	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	19109329	TotalRevenueColumn
Related Or Exempt Function Income	19109329	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

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	716882	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	4635252	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	663854	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	411652	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1914	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	37493	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	153092	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	420448	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	598311	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	698352	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	706259	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	54590	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	35796	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	658065	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	183662	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
DIVIDENDS ON MEMBER SAVINGS	1401073
PROVISION EXPENSES FOR LOAN LOSSES	5100000
MEMBER CHECK PROCESSING AND ATM COSTS	636944
LOAN DISBURSEMENT AND SERVICING COSTS	738258
SHARE INSURANCE PREMIUMS	458689

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	613261	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	18923847	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	5639934	BOY
EOY	6247172	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	30966204	BOY
EOY	42941186	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1642610	BOY
EOY	5918894	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	211737685	BOY
EOY	189882384	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	539919	BOY
EOY	456459	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	17414691	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	6956458	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	11061443	BOY
EOY	10458233	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	100001	BOY
EOY	100001	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	6314912	BOY
EOY	8157446	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	268002708	BOY
EOY	264161775	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1222228	BOY
EOY	2400979	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	98792	BOY
EOY	2190054	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	250960624	BOY
EOY	243664196	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	252281644	BOY
EOY	248255229	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	15721064	BOY
EOY	15906546	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	15721064	BOY
EOY	15906546	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	268002708	BOY
EOY	264161775	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	185482	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	0	FSAudited
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	1500	PoliticalExpenditures
Volunteer Hours	0	VolunteerHours
Amt Expended For527 Activities	0	AmtExpendedFor527Activities
Amt Of Internal Funds Contributed	1500	AmtOfInternalFundsContributed
Total Exmpt Function Expenditures	1500	TotalExmptFunctionExpenditures
Form1120 Pol Filed	1	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs

Name Of527 Organization NameOf527Organization

Field	Value	IRS element (for citing)
Business Name Line1	CREDIT UNION POLITICAL ACTION COUNCIL	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1807 WEST DIEHL ROAD	AddressLine1
Address Line2	PO BOX 3107	AddressLine2
City	NAPERVILLE	City
State	IL	State
ZIP Code	605667107	ZIPCode

Field	Value	IRS element (for citing)
EIN	363092340	EIN
Amt Pd From Internal Funds	1500	AmtPdFromInternalFunds
Amt Of Contribs Recd Delivered	0	AmtOfContribsRecdDelivered

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	SchC_P1A_S00_L01	Identifier
Return Reference	Schedule C, Part I-A, Line 1	ReturnReference
Explanation	THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO CREDIT UNION POLITICAL ACTION COUNCIL THAT IS REPORTED IN PARTS 1-A AND 1-C OF THIS SCHEDULED C	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtc
Included On FS	1	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2291118	OtherCostOrOtherBasis
Book Value	2291118	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	8590024	OtherCostOrOtherBasis
Depreciation	2138689	Depreciation
Book Value	6451335	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	1577056	OtherCostOrOtherBasis
Depreciation	1032803	Depreciation
Book Value	544253	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	4956493	OtherCostOrOtherBasis
Depreciation	3784966	Depreciation
Book Value	1171527	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	10458233	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBER SAVINGS DEPOSITS	Description
Amount	$243,664,196	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	243664196	TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	SchD_P04_S00_L02b	Identifier
Return Reference	Schedule D, Part IV, Line 2b	ReturnReference
Explanation	ESCROW BALANCES HELD FOR TAXES AND INSURANCE ON MEMBER MORTGAGE LOANS HELD BY THE CREDIT UNION	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	1	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	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
ROBERT M PALUMBO
276516	0	0	0	8038	0	0	0	0	0	284554	0	430861	0
DEBRA LANGE
144887	0	4027	0	0	0	0	0	0	0	148914	0	171028	0
DIANE SHELTON
144688	0	-7252	0	0	0	0	0	0	0	137436	0	160888	0
ROBERTA KOZLOWICZ
138953	0	7025	0	0	0	0	0	0	0	145978	0	150103	0

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchJ_P01_S00_L01a	Schedule J, Part I, Line 1a	THE CREDIT UNION PROVIDES A VEHICLE TO THE PRESIDENT FOR BUSINESS AND PERSONAL USE. THE PERSONAL USE VALUE IS REPORTED AS ADDITIONAL INCOME ON THE PRESIDENT'S W-2. THE REPORTED VALUE IS GROSSED-UP FOR TAX LIABILITY PURPOSES AND PAID BY THE CREDIT UNION. THE TOTAL TAX LIABILITY IS INCLUDED IN THE REPORTED WAGES ON THE W-2.
SchJ_P01_S00_L03	Schedule J, Part I, Line 3	AN INDEPENANT PAID THIRD PARTY CONSULTANT CONDUCTS A BI-ANNUAL COMPETATIVE MARKET COMPENSATION STUDY OF THE CEO. THIS STUDY WAS MOST RECENTLY CONDUCTED DURING 2010. THE ANALYSIS IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND THE ENTIRE BOARD OF DIRECTORS WITH THE CONSULTANT. DURING ALTERNATE YEARS, THE CEO COMPENSATION GRADE RANGE IS ADJUSTED PER THE CURRENT CPI AND CPE INDEXES. THE PRESIDENT AND EXECUTIVE COMMITTEE AND ENTIRE BOARD OF DIRECTORS MEET TO DISCUSS THE WRITTEN EVALUATION AND COMPENSATION IS DETERMINED BASED UPON THE EVALUATION AND COMPETATIVE MARKET COMPENSATION ANALYSIS AND GOALS ACHIEVED.
SchJ_P01_S00_L04	Schedule J, Part I, Line 4	ROBERT M PALUMBO, PRESIDENT-RECEIVED, AS ADDITIONAL COMPENSATION, $0 TO BE CONTRIBUTED TO HIS SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN. DEBRA LANGE, SENIOR VICE PRESIDENT-RECEIVED AS ADDITIONAL COMPENSATION $5,000 TO BE CONTRIBUTED TO HER SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN. DIANE SHELTON, SENIOR VICE PRESIDENT-RECEIVED AS ADDITIONAL COMPENSATION, $0 TO BE CONTRIBUTED TO HER SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN. ROBERTA KOZLWICZ, SENIOR VICE PRESIDENT-RECEIVED AS ADDITIONAL COMPENSATION, $0 TO BE CONTRIBUTED TO HER SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN. WHEN AN AMOUNT IS PAID, IT IS FULLY TAXABLE AS ADDITIONAL COMPENSATION AND IS REPORTED IN THE INDIVDUAL'S W-2 AS WAGES.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0A_L06	Form 990, Part VI, Section A, Line 6	THE CREDIT UNION HAS 30,754 MEMBERS
F990_P06_S0A_L07a	Form 990, Part VI, Section A, Line 7a	THE CREDIT UNION HAS 30,754 MEMBERS WHO ELECT THE BOARD OF DIRECTORS ANNUALLY AT ITS ANNUAL MEETING HELD IN THE MONTH OF MARCH. THE MEMBERS CAN CAST ALL OF THEIR VOTES FOR ONE DIRECTOR OR SPLIT THEIR VOTES AMONG THE NUMBER OF DIRECTORS TO BE ELECTED AT THE ANNUAL MEETING.
F990_P06_S0A_L07b	Form 990, Part VI, Section A, Line 7b	CHANGES OR AMENDMENTS TO THE CREDIT UNION'S CHARTER MUST BE APPROVED BY THE MEMBERS AND REGULATORY AUTHORITIES. BY-LAW AMEMDMENTS MAY, BUT NOT NEED TO BE, APPROVED BY THE MEMBERS THOUGH MUST BE APPROVED BY THE REGULATORY AUTHORITIES AND TWO-THIRDS MAJORITY OF THE BOARD OF DIRECTORS.
F990_P06_S0A_L09	Form 990, Part VI, Section A, Line 9	WILLIAM HICKS 3259 OAK KNOLL ROAD CARPENTERSVILLE IL 60110, DEBRA RAGUSA 3506 HARRIS DRIVE JOLIET IL 60431, KRAIG KNUDSEN 412 MADISON WHEATON IL 60187, JUDY LYONS 5426 CARPENTER DOWNERS GROVE IL 60515, CHARLES MILLER 28W750 FORESTVIEW WARRENVILLE IL 60555, LAWRENCE KAMMES 1033 WARRENTVILLE ROAD WHEATON IL, GRETCHEN LEWIS 0N289 COUNTY FARM ROAD WINFIELD IL 60190, KEITH OLSON 410 BERKLEY AVE ELMHURST IL 60126, JAMES MARTNER 605 COUNT FLEET COURT NAPERVILLE IL 60540.
F990_P06_S0B_L11a	Form 990, Part VI, Section B, Line 11a	THE COMPLETED TAX RETURN FORM 990 IS PROVIDED TO EACH BOARD MEMBER AND REVIEWED AND DISCUSSED AT THE BOARD MEETING PRIOR TO THE DUE DATE AND FILING DATE. TAX RETURN INFORMATION IS ALSO DISCUSSED AT VARIOUS BOARD MEETINGS THROUGHOUT THE YEAR AS NECESSARY AND PRIOR TO FILING.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	ALL OFFICERS , DIRECTORS, COMMITTEE MEMBERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT A SIGNED CONFLICT OF INTEREST STATEMENT ANNUALLY TO THE AUDIT/SUPERVISORY COMMITTEE AND BOARD OF DIRETORS. THE COMMITTEE AND BOARD REVIEW ALL STATEMENTS AT ITS REGULAR MEETINGS AND TAKE THE NECESSARY ACTION IF QUESTIONS ARISE, SUCH AS DIRECTING INQUIRIES TO TO THOSE IN QUESTION. THE BOARD OF DIRECTORS ALSO REQUIRE FULL AND COMPLETE DISCLOSURE AT BOARD MEETINGS IF A CONFLICT OF INTEREST WERE TO BE IN QUESTION OR ARISE.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	AN INDEPENDENT PAID THIRD PARTY CONSULTANT CONDUCTS A BI-ANNUAL COMPETATIVE MARKET COMPENSATION STUDY FO ALL POSITIONS AND COMPENSATION GRADE LEVELS INCLUDING A SEPARATE STUDY FOR THE CEO. THE STUDY WAS MOST RECENTLY CONDUCTED DURING 2010-2011. THE STUDY IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS WITH THE CONSULTANT DURING THE YEAR OF COMPLETION. DURING ALTERNATE YEARS, THE COMPENSATION GRADE LEVEL RANGES ARE ADJUSTED PER THE CURRENT YEAR CPI AND CPE INDEXES. ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES RECEIVE AN ANNUAL PERFORMANCE REVIEW WHICH IS DOCUMENTED AND APPROPRIATE PERFORMANCE RAISES (IF ANY) BASED ON THE STUDY ARE EXECUTED. ALL EMPLOYEE REVIEWS AND COMPENSATION ARE REVIEW BY THEIR SUPERVISOR (S) WITH FINAL APPROVAL BY THE CEO. THE CEO'S PERFORMANCE AND COMPENSATION IS EVALUATED BY THE ENTIRE BOARD OF DIRECTORS AT LEAST ANNUALLY. THE CEO AND BOARD MEET TO DISCUSS THE EVALUATION AND COMPENSATION IS DETERMINED BASED UPON THE EVALUATION AND COMPETATIVE MARKET COMPENSATION STUDY.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON WRITTEN REQUEST WITHOUT CHARGE DURING REGULAR CREDIT UNION BUSINESS HOURS. FINANCIAL STATEMENTS ARE ALSO POSTED AND AVAILABLE FOR INSPECTION AT THE MAIN AND ALL BRANCH OFFICES DURING REGULAR CREDIT UNION BUSINESS HOURS.

Reasonable Cause Explanation ReasonableCauseExplanation

Field	Value	IRS element (for citing)
Explanation	FORM 8868, APPLICATION FOR EXTENSION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN WAS APPROVED ON APRIL 11, 2011, NOTICE NUMBER CP211A, EXTENSION GRANTED TO AUGUST 15, 2011	Explanation