2026-05-05T10:38:51-04:00 2025-12-31 362830852 SKDO PC 1605 N CONVENT ST BOURBONNAIS IL 60914 990 2025-01-01 362424927 COMMONWEALTH CREDIT UNION COMM 8159377447 563 WILLIAM LATHAM DRIVE BOURBONNAIS IL 60914 RAEANN LOVE PRESIDENT/CEO/TREAS 8159377447 2026-05-04 true CARMEN HUIZENGA P01223232 8159371997 2026-05-03 2025 2025-03-06 01:10:19Z RAEANN LOVE 563 WM LATHAM BOURBONNAIS IL 60914 6098582 false X HTTP://CWCU.COM X 1951 IL COMMONWEALTH CREDIT UNION, BUILDING LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME. 7 5 31 0 0 4771818 5057025 1041930 1041557 71741 0 5885489 6098582 0 0 1556879 1761133 0 0 3019404 2784477 4576283 4545610 1309206 1552972 118326005 117962916 104120271 102162853 14205734 15800063 COMMONWEALTH CREDIT UNION, BUILDING LIFELONG RELATIONSHIPS ONE MEMBER AT A TIME. false false COMMONWEALTH CREDIT UNION SERVES MEMBERS IN KANKAKEE, FORD, IROQUOIS, GRUNDY, KENDELL, LIVINGSTON AND WILL COUNTIES IN ILLINOIS BY PROVIDING LOW COST FINANCIAL SERVICES. false false true false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1747 0 true 31 true false false false false false false false false X 7 5 false false false false true true false true true false false false false false true true false false X RAEANN LOVE 8159377447 563 WM LATHAM DR BOURBONNAIS IL 60914 KENNETH TOUSIGNANT CHAIRPERSON X X 0 0 0 BETTY DRECHSEL SECRETARY X X 0 0 0 RAEANN LOVE PRESIDENT/CE 40.00 X 244138 0 0 H RALPH MARQUIS DIRECTOR X 0 0 0 CARL CAVITT DIRECTOR X 0 0 0 CHERYL O'BRIEN VICE CHAIR X X 0 0 0 TODD MEIER VP OF LENDIN 40.00 X 180813 0 0 424951 2 false true false LOAN INTEREST 4304091 4304091 OTHER OPERATING INCOME 378822 378822 FEE INCOME 374112 374112 5057025 1041557 1041557 6098582 5057025 1041557 424951 973288 93597 165762 103535 76000 43266 250777 295696 127896 28097 890519 43783 36203 PROFESSIONAL/OUTSIDE SVCS 482641 LOAN SERVICING 197498 CREDIT LOSS EXPENSE 160000 MISCELLANOUS EXPENSE 152101 4545610 0 0 0 507695 504147 30134267 29906715 257989 254947 79010070 81388483 182950 183891 2889704 1475173 1434897 1414531 4750000 2250000 2048137 2060202 118326005 117962916 426277 497268 103693994 101665585 104120271 102162853 X 14205734 15800063 14205734 15800063 118326005 117962916 X 1552972 41357 X false true X true false 2500 2500 2500 true CREDIT UNION POLITICAL ACTION COUNC 1807 WEST DIEHL ROAD PO BOX 3107 NAPERVILLE IL 60563 363092340 2500 SCHEDULE C, PART I-A, LINE 1 COMMONWEALTH CREDIT UNION IS A MEMBER OF CUPAC (CREDIT UNION POLITICAL ACTION COUNCIL). CONTRIBUTIONS ARE SENT TO CUPAC THAT ARE THEN USED INDIRECTLY FOR POLITICAL ACTIVITIES. SCHEDULE C, PART IV THE ORGANIZATION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO CREDIT UNION POLITICAL ACTION COUNCIL THAT IS REPORTED IN PARTS I-A AND I-C OF THIS SCHEDULE C. 482841 482841 1630305 866193 764112 776558 608980 167578 1414531 MEMBER SHARE ACCOUNTS 101665585 101665585 6098582 6098582 6098582 4545610 4545610 4545610 X X X false false false RAEANN LOVE PRESIDENT/CEO/TREAS 244138 244138 TODD MEIER VP OF LENDING 180813 180813 FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS A STATE OF ILLINOIS CHARTERED CREDIT UNION. ANYONE WHO LIVES OR WORKS IN KANKAKEE, FORD, IROQUOIS, GRUNDY, KENDELL, LIVINGSTON AND WILL COUNTIES IS ELIGIBLE FOR MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7A THE GOVERNING BODY IS MADE FROM INDIVIDUALS OF THE MEMBERSHIP. THE MEMBERSHIP BODY ELECTS INDIVIDUALS TO BE ON THE BOARD. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT REVIEWS THE 990 BEFORE SIGNING. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEMBERS ARE INFORMED WHEN THEY TAKE OFFICE AND ONCE A YEAR AFTER THAT THAT THEY MUST INFORM THE BOARD OF ANY CONFLICT OF INTEREST WHEN IT APPEARS. THIS IS NOT A WRITTEN POLICY, BUT IS COMMUNICATED VERBALLY. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION OF TOP MANAGEMENT OFFICIALS INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA WHICH IS RECORDED IN THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE BY MEANS OF A BULLETIN BOARD AT THE CREDIT UNION AND AT THE ANNUAL MEETING. FORM 990, PART XI, LINE 9 OTHER COMPREHENSIVE INCOME 41,357