HOMETOWN CREDIT UNION

Address
PO BOX 4290
QUINCY, IL 62305
Contact
Website: http://www.hometowncuqcy.org
Phone: +1 (217) 221-7339
Nonprofit
NTEE: W61 - Credit Unions
EIN: 37-0789595

Mission

PROVIDE FINANCIAL SERVICES TO MEMBERS.
 201120102009
Basic features of the organization
Year of formation1959
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$48,000.00$48,000.00 
Number of employees67 
Personnel
Beck, John
TitleCHAIRPERSONDIRECTOR 
Name of key/compensated personJOHN BECKJOHN BECK 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officerTrue  
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Evans, Marcy
TitleDIRECTORCHAIRPERSON 
Name of key/compensated personMARCY EVANSMARCY EVANS 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officer True 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Hall, Dean
TitleDIRECTORDIRECTOR 
Name of key/compensated personDEAN HALLDEAN HALL 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Hemming, Nila
TitleSECRETARYSECRETARY 
Name of key/compensated personNILA HEMMINGNILA HEMMING 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officerTrueTrue 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Lease, Bob
TitleDIRECTORDIRECTOR 
Name of key/compensated personBOB LEASEBOB LEASE 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Losch, Tom
TitleDIRECTORDIRECTOR 
Name of key/compensated personTOM LOSCHTOM LOSCH 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Mason, Doris
TitlePRES/TREASURPRES/TREASUR 
Name of key/compensated personDORIS MASONDORIS MASON 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officerTrueTrue 
Average hours per week working for org40.0040.00 
Reportable compensation from org$48,000.00$48,000.00 
Other comp, non-reportable, from org and related orgs$3,619.00$3,588.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Moore, Darla
TitleDIRECTOR  
Name of key/compensated personDARLA MOORE  
Position of compensated person
Current individual trustee or directorTrue  
Average hours per week working for org1.00  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Riley, Mark
TitleDIRECTORDIRECTOR 
Name of key/compensated personMARK RILEYMARK RILEY 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org1.001.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Williams, Carolyn
Title CHAIRPERSON 
Name of key/compensated person CAROLYN WILLIAMS 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 1.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDE FINANCIAL SERVICES TO MEMBERS.PROVIDE FINANCIAL SERVICES TO MEMBERS. 
Program service expenses, total$403,997.00$440,837.00 
Programs, including revenue & expenses
PROVIDE VARIOUS FINANCIAL SERVICES TO MEMBERS. AS OF 12/31/11, THERE WERE APPROXIMATELY 1100 MEMBERS WITH 2073 SHARE ACCOUNTS AND 671 LOANS.
Program expenses$403,995.00$440,837.00 
Program descriptionPROVIDE VARIOUS FINANCIAL SERVICES TO MEMBERS. AS OF 12/31/11, THERE WERE APPROXIMATELY 1100 MEMBERS WITH 2073 SHARE ACCOUNTS AND 671 LOANS.PROVIDE VARIOUS FINANCIAL SERVICES TO MEMBERS. AS OF 12/31/10, THERE WERE APPROXIMATELY 1032 MEMBERS WITH 1,990 SHARE ACCOUNTS AND 573 LOANS. 
Financial data
Revenue
Total revenue$382,149.00$410,520.00 
Revenue from contributions (total)$0.00$0.00$0.00
Investment income, current yr$47,176.00$62,908.00 
Total revenue from grants, etc., current yr$0.00$0.00 
Total unrelated business revenue$0.00$0.00 
Other revenue, current yr$23,823.00$19,388.00 
Program service revenue (total)$311,150.00$328,224.00$345,981.00
Gross receipts$382,149.00$410,520.00 
Other types of revenue
Miscellaneous revenue (total)$23,823.00$19,388.00 
Income from dividends, interest, and similar investments$47,176.00$62,908.00 
Net rental income$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$403,995.00$440,837.00 
Total functional expenses: program service $0.00$0.00 
Total functional expenses: management and general$0.00$0.00 
Total functional expenses: fundraising$0.00$0.00 
Fees for services
Legal fees (total)$3,500.00  
Fundraising service fees (total)$0.00$0.00 
Assets and liabilities
Total assets$7,424,626.00$7,800,366.00$8,031,266.00
Total assets, beginning of year$7,800,366.00$8,031,266.00 
Total liabilities$6,937,803.00$7,294,117.00$7,496,304.00
Total liabilities, beginning of year$7,294,117.00$7,496,304.00 
Loans & receivables from key persons$339,658.00$290,695.00 
Net assets$486,823.00$506,249.00 
Net assets, beginning of year$506,249.00$534,962.00 
Other liabilities$6,929,256.00$7,283,128.00 
Other assets$72,270.00$93,249.00 
Investments: publicly traded securities$92,553.00$90,133.00 
Cash: non-interest bearing$171,012.00$252,433.00 
Cash: non-interest bearing, beginning of year$252,433.00$271,801.00 
Other financial variables
Revenue less expenses-$21,846.00-$30,317.00 
Savings & temp cash investment$2,692,352.00$2,737,595.00 
Prepaid expenses & deferred charges$9,030.00$6,772.00 
Accounts payable & accrued expenses$8,547.00$10,989.00 
Total net assets or fund balances$486,823.00$506,249.00 
Depreciation, depletion, amortization$14,877.00$16,138.00 
Governance and accountability
Number of voting members99 
Number of independent voting members00 
Financial sheets auditedTrueTrue 
Accrual accountingTrueTrue 
Tax year start date2011-01-012010-01-01 
Tax year end date2011-12-012010-12-012009-12-01
Indicators for schedules (selected)
Outstanding loan to key person or disqualified personTrueTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990 
Date e-filing submitted2012-10-312011-10-05 
IRS schema version2011v1.22010v3.2 
Filing identifier201241359349306014201111339349303866 
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