2023-10-05T08:07:50-05:00 2022-12-31 FORVIS LLP 201 N Illinois Street Indianapolis IN 46204 990 2022-01-01 350408785 Indiana Credit Union League Inc % TRISH MCCORMICK INDI 3175945300 5975 CASTLE CREEK PKWY N DR S200 INDIANAPOLIS IN 46250 TRISH MCCORMICK SVP/CFO 3175945300 2023-11-15 true TRISH MCCORMICK 999009999 NICOLE B FISHBACK P01279475 3173834000 2023-11-15 3 2022 2023-04-26 12:10:37Z TRISH MCCORMICK 5975 CASTLE CREEK PKWY N DR INDIANAPOLIS IN 46250 2838757 false X WWW.ICUL.ORG X 1935 IN TO PROVIDE SERVICES TO MEMBER CREDIT UNIONS. 9 9 11 100 -1301 0 1662672 1752373 653246 827316 1068546 259068 0 0 3384464 2838757 1768 3234 0 0 2048430 1858480 0 0 0 915761 1321469 2965959 3183183 418505 -344426 12146566 10589237 1025597 1230721 11120969 9358516 TO PROMOTE THE CREDIT UNION MOVEMENT AND PROVIDE SERVICES TO MEMBER CREDIT UNIONS. false false CREDIT UNION TRAINING - PROVIDE EDUCATIONAL SEMINARS AND CONFERENCES ON FINANCIAL PLANNING, MANAGEMENT, AND OTHER TOPICS AIMED AT IMPROVING MEMBER CREDIT UNION SERVICES AND MANAGEMENT. PROMOTIONAL AND SUPPORT PROGRAMS - PROVIDE PUBLICITY AND PROMOTIONAL SUPPORT FOR APPROXIMATELY 125 MEMBER CREDIT UNIONS AND CONDUCT PROGRAMS ON GOVERNMENTAL AFFAIRS. false false false true false false false false false false true false false false false false true false false false false false false false false false false false true false true false false false false false false false false false true true true false true 25 0 11 true false false false false false false false false false false false false X 9 9 false false false false true true false true true false false false true false true true false true true false IN X TRISH MCCORMICK 3175945300 5975 CASTLE CREEK PARKWAY N DR STE INDIANAPOLIS IN 46250 JOHN MCKENZIE PRESIDENT/CEO 50.0 0.0 X 642090 0 38901 CHRIS BEAUMONT EVP League Services & Advocacy 50.0 0.0 X 202114 0 39704 TRISH MCCORMICK SVP/CFO 25.0 25.0 X 0 192275 28466 DAVE HAWKINS VP League & Reg. Analysis 50.0 0.0 X 144085 0 24173 TIM PIERCE AVP CONSULTING & EDUCATION 50.0 0.0 X 116125 0 31661 KAY NEIDLINGER VP-COMMUNICAITONS 50.0 0.0 X 112396 0 11746 CARI PALMER BOARD Secretary (Beg 10/14/22) 1.0 0.0 X X 0 0 0 AMY SINK BOARD Treasurer (Beg 10/14/22) 1.0 0.0 X X 0 0 0 BRYAN PRICE BOARD MEMBER 1.0 0.0 X 0 0 0 DAVE ABERNATHY Chairman (END 10/14/2022) 1.0 0.0 X X 0 0 0 JILL BANNING BOARD MEMBER 1.0 0.0 X 0 0 0 KAREN MADRY CHAIRWOMAN (Beg 10/14/22) 1.0 0.0 X X 0 0 0 KEVIN SPARKS Board Member 1.0 0.0 X 0 0 0 BRETT RINKER BOARD MEMBER (Beg 10/14/22) 1.0 0.0 X 0 0 0 NINA BAKER vice chairman (beg 10/14/22) 1.0 0.0 X X 0 0 0 ANDY MATTINGLY BOARD MEMBER 1.0 0.0 X 0 0 0 1216810 192275 174651 5 false true false 0 1752373 1752373 CREDIT UNION TRAINING 611600 115065 115065 CONVENTION REVENUE 611600 433358 433358 CREDIT UNION FEES 611600 127243 127243 MANAGEMENT FEE 611600 151650 151650 827316 259068 -1301 260369 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2838757 393958 -1301 693727 3234 0 0 0 922809 0 678819 83250 80362 93240 0 20948 17936 0 0 0 32797 83490 55099 0 0 98052 108001 0 248501 0 0 0 17074 CREDIT UNION TRAINING 102042 OTHER STAFF EXPENSES 46416 BOARD OF DIRECTORS EXPENSE 36346 OTHER OPERATING EXPENSES 454767 3183183 5037 5032 8549011 7115733 0 0 38612 40759 1655053 1686499 0 0 0 0 0 0 110750 106737 0 0 0 0 1380236 1410286 0 0 0 0 407867 224191 12146566 10589237 374820 678987 0 0 650777 551734 0 0 0 0 0 0 0 0 0 0 0 0 1025597 1230721 X 11120969 9358516 0 0 11120969 9358516 12146566 10589237 -344426 -1418027 X false true X true false true false false INVESTMENT IN CUNA SVCS GROUP 1415 F SUBSIDIARY-ICUL SERVICES CORP 304000 F INVESTMENT IN AFFIRMX CU LLC 1104871 F 1410286 PART X, QUESTION 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X false true false JOHN MCKENZIE PRESIDENT/CEO 471942 0 128145 0 42003 0 24400 0 14501 0 680991 0 0 0 TRISH MCCORMICK SVP/CFO 0 153884 0 31150 0 7241 0 15301 0 13165 0 220741 0 0 CHRIS BEAUMONT EVP League Services & Advocacy 168051 0 28258 0 5805 0 16277 0 23427 0 241818 0 0 0 DAVE HAWKINS VP League & Reg. Analysis 115965 0 18779 0 9341 0 11210 0 12963 0 168258 0 0 0 SCHEDULE J, PART I, LINE 4B THE ORGANIZATION HAS A SECTION 457(F) PLAN SETUP FOR CHRIS BEAUMONT. THERE WERE NO CONTRIBUTIONS MADE TO THE PLAN DURING 2022. THE FIRST VESTING DATE OF THE PLAN IS 2026. JOHN MCKENZIE PRESIDENT/CEO SPLIT DOLLAR LIFE IN X 1500000 1686499 false true true 1686499 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF ORGANIZATION: CLASS A MEMBERS - ANY CREDIT UNION OPERATING IN THE STATE OF INDIANA OR IF OUTSIDE THE STATE OF INDIANA IF APPROVED BY A MAJORITY OF THE LEAGUE BOARD OF DIRECTORS. CLASS B MEMBERS - ANY CREDIT UNION ORGANIZED AND OPERATING OUTSIDE THE STATE OF INDIANA, ANY CORPORATE CREDIT UNION, OR ANY CREDIT UNION SERVICE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF ORGANIZATION WHO MAY ELECT MEMBERS OF GOVERNING BODY: CLASS A MEMBERS ARE ENTITLED TO ONE VOTE ON ANY MATTER AT ANY LEAGUE MEETING. CLASS B MEMBERS ARE ENTITLED TO ONE VOTE ON ANY MATTER EXCEPT THE ELECTION OF DIRECTORS, THE AMENDMENT OF BYLAWS OR ARTICLES OF INCORPORATION, OR MATTERS RELATED TO DUES. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: THE FINANCIAL STATEMENTS ARE VERIFIED BY THE DIRECTOR OF ACCOUNTING WITH INPUT/DISCUSSION WITH THE SVP/CFO. ANY QUESTIONS OR CORRECTIONS ARE THEN COMMUNICATED TO THE OUTSIDE ACCOUNTING FIRM. THE CORRECTED DRAFT IS THEN REVIEWED BY THE DIRECTOR OF ACCOUNTING BEFORE THE FINAL AUDITED FINANCIAL STATEMENTS ARE ISSUED. FORM 990 REVIEW AND VERIFICATION IS HANDLED IN THE SAME MANNER. REVIEW IS CONDUCTED BY THE DIRECTOR OF ACCOUNTING IN CONNECTION WITH THE SVP/CFO AND ACCOUNTING FIRM. THE FORM 990 IS GIVEN TO THE BOARD CHAIRMAN FOR REVIEW AND APPROVAL, AS DELEGATED BY THE BOARD OF DIRECTORS, PRIOR TO FILING WITH THE IRS. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST/CODE OF ETHICS STATEMENT IS SIGNED AT THE TIME A PERSON BECOMES A BOARD MEMBER. AFTER THAT, ACCORDING TO THE CODE OF ETHICS, THEY ARE EXPECTED TO DISCLOSE WHEN A CONFLICT ARISES. ANY CONFLICTS WOULD BE REVIEWED BY THE BOARD CHAIRMAN AND CEO AND ADDRESSED WITH THE BOARD ON AN INDIVIDUAL BASIS AS THEY ARISE WITH ANY RESTRICTIONS DEFINED AND PUT INTO PLACE AT THAT TIME, DEPENDENT ON THE CONFLICT. FORM 990, PART VI, SECTION B, LINES 15A & 15B PROCESS TO DETERMINE CEO AND OTHER OFFICER/KEY EMPLOYEE COMPENSATION: FOR THE PRESIDENT/CEO, THE BOARD REVIEWS INFORMATION FROM AN OUTSIDE CONSULTING GROUP IN DETERMINING AND APPROVING COMPENSATION. FOR HIGHLY COMPENSATED EMPLOYEES, THE PROGRAM OF SALARY ADMINISTRATION IS PRESENTED TO THE BOARD EVERY OTHER YEAR. THIS INCLUDES INFORMATION GATHERED FROM RELEVANT OUTSIDE SALARY SURVEY COMPANIES. THE PRESIDENT AND THE BOARD THEN DISCUSS THE PROPOSED COMPENSATION BEFORE APPROVAL BY THE BOARD. THE MOST RECENT COMPENSATION REVIEW WAS AT THE END OF 2021 FOR 2022 SALARY DETERMINATION WITH THE NEXT REVIEW SCHEDULED FOR MID-2023. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING DOCS, C.O.I. POLICY, AND FINANCIAL STMTS: UPON REQUEST, PUBLIC DOCUMENTS MAY BE VIEWED AT THE ORGANIZATION'S OFFICE. ICUL SERVICES CORPORATION 5975 CASTLE CREEK PARKWAY N DR SUIT INDIANAPOLIS IN 46250 356065923 CREDIT UNION IN ICUL C CORP 3128070 1795135 1.00000 true false false false false false false false false false false false false false true true true false false false ICUL SERVICES CORPORATION N 98052 ACTUAL AMOUNT ICUL SERVICES CORPORATION O -151650 ACTUAL COST ICUL SERVICES CORPORATION P 20278 ACTUAL AMOUNT