2024-11-14T18:02:27-05:00 2023-12-31 990 2023-01-01 362994028 ILLINOIS CREDIT UNION FOUNDATION % Melanie Murphy ILLI 6309833400 1807 W DIEHL RD NAPERVILLE IL 605631890 Melanie Murphy Executive Director 2024-11-14 false 2023 2024-10-15 13:58:12Z Melanie Murphy 1807 W DIEHL RD NAPERVILLE IL 605631890 1108802 false X N A X 1978 IL Promote charitable and educational goals as they relate to State and Federally chartered Credit Unions. 11 11 0 100 0 0 303933 984123 0 0 15272 56423 42662 54399 361867 1094945 120357 201053 0 0 0 0 0 0 0 47532 50166 167889 251219 193978 843726 1195318 2039044 0 0 1195318 2039044 Promote charitable and educational goals as they relate to State and Federally chartered Credit Unions. false false 248059 201053 0 Grants to small Credit Unions including scholarship funding and special projects promoting Credit Unions in Illinois. 248059 true true false false false false false false false false false false false false false false true false false false false false false false true false false true false false false false false false false false false false false false false false false true false false false false true 1 0 true 0 false false false false false true true false 0 false false false false false false false X 11 11 false false false false false false false true true false false false true true true false true true false false IL X Thomas Shaffer 6309833400 1807 W DIEHL RD NAPERVILLE IL 605631890 Lou Bicanic Chairman 5.00 0.00 X X 0 0 0 Michelle Balog Vice Chair 5.00 0.00 X X 0 0 0 Kerriann Mills Secretary 5.00 0.00 X X 0 0 0 Geraldine Burek Director 1.00 0.00 X 0 0 0 John Fiore Director 1.00 0.00 X 0 0 0 John Hansen Director 1.00 0.00 X 0 0 0 Michael Lee Director 1.00 0.00 X 0 0 0 Thomas Pierce Director 1.00 0.00 X 0 0 0 Susan Toalson Director 1.00 0.00 X 0 0 0 Sarah Vega Director 1.00 0.00 X 0 0 0 Amber Scott Director 1.00 0.00 X 0 0 0 Melanie Murphy Executive Director 35.00 0.00 X 0 124355 0 0 124355 0 0 false false false 0 0 0 0 0 984123 0 984123 0 56423 0 0 56423 0 0 0 0 0 0 0 0 0 0 0 0 68256 0 13857 54399 0 54399 0 0 0 0 0 0 0 1094945 0 0 110822 201053 201053 0 0 0 0 0 0 0 0 0 0 0 0 3160 0 3160 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4863 4863 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Special Projects 42143 42143 0 0 251219 248059 3160 0 1195318 689044 0 1350000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1195318 2039044 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1127177 1173203 68141 865841 1195318 2039044 1195318 2039044 843726 0 0 0 0 0 X false true X true false X X 1 Illinois Credit Union League 361255150 10 true 201053 0 1 201053 0 true false true true true false false false false false false false false false false false false true true false X true true Part VI, Section A line 3b Illinois Credit Union Foundation was created to facilitate the fund raising and management of those funds to support the Illinois Credit Union Leagues educational and charitable mission. Both organizations utilize the same management team; supported organization ICUL is a 501c6 business league for Credit Unions. Part IV, Section E, line2A | S.No:, Name of the Supported Organization: , Activity of the organizaton exempt purposes : , Responsiveness to supported organization : , Activities Contituted substantially |1, Illinois Credit Union League, See Part IV Section E Line 2B for explanation, See Part IV Section E Line 2B for explanation, See Part IV Section E Line 2B for explanation| Part IV, Section E, line2B The mission of the organization ICUF and the supported organization ICUL are cohesive. Both support educational and charitable work related to the credit union industry. ICUL provides numerous educational sessions conferences and industry networking events to educate members regarding financial literacy servicers etc. Grants from Illinois Credit Union Foundation directly support these programs. Both organizations also utilize the same management team RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1108801 0 0 0 13856 13856 1094945 0 0 0 1094945 265075 0 0 0 13856 13856 251219 0 0 0 251219 Part XI, line 2d Direct Expenses of Special Events Part XII, line 2d Direct Expenses of Special Events Golf Outing 54546 0 54546 450 0 8024 0 0 1729 Raffle 13710 0 13710 3654 0 0 0 0 0 68256 0 68256 4104 0 8024 0 0 1729 13857 54399 true Central Illinois CU 2106 W John St Champaign IL 61821 370653843 501(c)(14) 15000 0 Scholarships Grants Northwest Community CU 8930 Waukegan Road Morton Grove IL 60053 362372079 501(c)(14) 11750 0 Scholarship Grant Decatur Postal CU 214 N Franklin St Box 104 A Decatur IL 62523 370712846 501(c)(14) 10000 0 Grant Great Lakes CU PO Box 1289 Bannockburn IL 60015 361163912 501(c)(14) 10000 0 Grant Peoria Postal CU PO Box 1215 Peoria IL 61654 370460215 501(c)(14) 10000 0 Grant Rock Valley CU 1201 Clifford Ave Loves Park IL 61111 362659309 501(c)(14) 10000 0 Grant Tee Pak CU 3591 N Vermilion St Danville IL 61832 366054546 501(c)(14) 10000 0 Grant CBI FCU 13717 S Rte 30 Unit 157 Plainfield IL 60544 366082064 501(c)(14) 8500 0 Grant Galesburg Burlington CU 476 E South St Galesburg IL 61401 370286192 501(c)(14) 8500 0 Grant Illinois Valley CU 1311 Shooting Park Road Peru IL 61354 362334042 501(c)(14) 8500 0 Grant Rockford Bell CU 4225 N Perryville Rd Loves Park IL 61111 361695055 501(c)(14) 8500 0 Grant SIUE CU PO Box 1069 Edwardsville IL 62026 370814055 501(c)(14) 8500 0 Scholarships Grant Northern Illinois FCU 817 W Lincoln Hwy DeKalb IL 60115 362469439 501(c)(14) 8000 0 Grant Elite Community CU 515 S Main St Bourbonnais IL 60914 362478670 501(c)(14) 6803 0 Scholarship Grant Bloomington Postal CU PO Box 82 Bloomington IL 61702 370765989 501(c)(14) 6000 0 Grant Various 1807 W Diehl Road Naperville IL 60563 999999999 61000 0 Various grants under 5,000 0 16 Part I Line 2 Grant recipients are required to submit a written report to describe how funds were used and attach copies of receipts for any item purchased with grant fund. Part VI, Section B, Line 11b Officers of the Foundation inspect a draft of the Federal Form 990 prior to finalization and submission. Part VI, Section B, Line 12c Officers and trustees are required annually to complete a form to disclose any other offices or investments that could create a potential conflict of interest. Completed forms are reviewed and maintained by in-house legal staff. Part VI, Section B, Line 15 | Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Melanie Murphy, Compensation of the Foundations Executive Director is determined by the use of salary surveys and periodic compensation studies sponsored by the supporting organization., 2022| Part VI, Section C, Line 19 The Foundation makes all governing documents policies and financial statements available to Board Members and Committee members via secure website. Select information will be provided upon request by a member of the supporting organization or an individual donor. Illinois Credit Union League 1807 W Diehl Road Naperville IL 60563 361255150 Trade Association IL 501(c)(6) N/A false false false false false false false false false false false false false false false false false false false false