Chicagoland Electrical Industry Credit Union in Willow Spgs, Illinois (IL)

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Chicagoland Electrical Industry Credit Union
Employer Identification Number (EIN)363107861
Name of OrganizationChicagoland Electrical Industry Credit Union
Address160 Market St, Willow Spgs, IL 60480-1625
SubsectionOther Mutual Corp. or Assoc.
Ruling Date10/2002
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$14,258,206
Amount of Income$209,240
Form 990 Revenue Amount$209,240
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Credit Unions


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Amount of income in 2012: $209,240 (it was $314,636 in 2011)
This organization: 

 $209,240
Other organizations performing similar types of work: 

 $1,062,274

Assets in 2012: $14,258,206 (it was $17,811,686 in 2011)
This organization: 

 $14,258,206
Other organizations performing similar types of work: 

 $21,351,397

Expenses in 2012: $405,946
Chicagoland Electrical Industry Credit Union: 

 $405,946
Other organizations performing similar types of work: 

 $2,711,411

Income to expenses ratio in 2012: 0.5
Chicagoland Electrical Industry Credit Union: 

 0.5
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 6
Chicagoland Electrical Industry Credit Union: 

 6
Other organizations performing similar types of work: 

 19

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$209,240
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$128,061
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$71,839
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$9,340
Statement of Functional Expenses (for 2012)
Total functional expenses$405,946
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$112,313
Payroll taxes$11,209
Professional fundraising services$0
Other$282,424
Balance Sheet (for 2012)
Total assets$14,258,206
Total liabilities$13,284,508
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$13,284,508
Total net assets or fund balances$973,698
Retained earnings, endowment, accumulated income, or other funds$973,698
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1United Credit Union4444 S Pulaski Rd, Chicago, IL 60632-4011IL2001-02$9,496,145
2Alliant Credit Union11545 W Touhy Ave, Chicago, IL 60666-5000IL1964-10$1,421,910,984
3Citizens Equity First Credit Union5401 W Dirksen Pkwy, Peoria, IL 61607-1188IL2001-10$200,849,270
4Baxter Credit Union340 N Milwaukee Ave, Vernon Hills, IL 60061-1533IL2003-02$189,154,430
5Deere Employees Credit Union3950 38th Ave, Moline, IL 61265-6471IL1935-10$28,676,840
6Dhcu Community Credit Union1900 52nd Ave, Moline, IL 61265-6380IL1936-09$26,394,238
7Streator Onized Credit Union912 N Shabbona St, Streator, IL 61364-2059IL2001-07$9,112,246
8U S Employees Credit Union230 S Dearborn St Ste 2982, Chicago, IL 60604-1591IL2001-10$4,248,838
9South Division Credit Union9122 S Kedzie Ave, Evergreen Pk, IL 60805-1605IL1944-09$3,762,384
10Three Rivers Community Credit Union1011 Oak St, Mount Carmel, IL 62863-2441IL2000-11$1,515,635
11Sherwin-Williams Credit Union16230 Prince Dr, South Holland, IL 60473-3233IL2001-07$1,305,320
12Streator Community Credit UnionPO BOX 739, Streator, IL 61364-0739IL2001-07$996,885
13Sangamo Chapter Credit Union310 South Grand Ave E, Springfield, IL 62703-2507IL2001-07$508,344
14Burlington Northern Santa Fe Railway Credit Union, Bnsfcu5601 W 26th St, Cicero, IL 60804-3238IL2001-07$229,006
15Oak Forest Credit Union15440 Central Ave, Oak Forest, IL 60452-2104IL2001-07$0
16Peru Municipal Credit UnionPO BOX 334, Peru, IL 61354IL2001-07$0
17Quincy Bell Credit UnionPO BOX 1207, Quincy, IL 62306-1207IL2001-06$0
18Services Corporate Credit UnionPo Box 3107, Naperville, IL 60566-7107IL2010-09$0
19Soreng Employees Credit Union191 E North Ave, Carol Stream, IL 60188IL2002-01$0
20U P W A Disttrict 1 Area 5 Credit Union, 21051649 W Adams, Chicago, IL 60612-3294IL2001-11$0
Number of organizations performing similar types of work
Alabama2
Arizona1
California11
Florida1
Georgia54
Iowa135
Idaho2
Illinois53
Kansas2
Kentucky1
Massachusetts1
Missouri1
Mississippi3
North Dakota1
New Jersey1
Nevada1
New York1
Oklahoma3
Oregon1
Pennsylvania3
Rhode Island1
Tennessee1
Texas2
Virginia2
Washington2
Wisconsin2
International4
Total292

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