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EIN 37-0694528

Gale Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
25
City
Galesburg
State
Illinois
Year formed
1947
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Gale Credit Union promotes thrift and offers high-quality competitive services and benefits to its members while ensuring its long-term financial stability. It provides consumer lending and accepts deposits from over 6,115 member share type accounts and over 1,745 loan type accounts, including visa cards.
Total revenues
$2,758,770
2023
Total expenses
$2,363,454
2023
Total assets
$56,771,560
2023
Num. employees
25
2023

Program areas at Gale Credit Union

Provided consumer lending and received deposits from the Credit Union membership. The Credit Union services more than 8,710 member share type accounts and more than 4,085 loan type accounts, including visa cards.

Personnel at Gale Credit Union

NameTitleCompensation
Randy McElweePresident$106,773
Jennifer RogersCu President and Treasurer$71,566

Financials for Gale Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,390,955
Investment income and dividends$361,974
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,841
Total revenues$2,758,770

Form 990s for Gale Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-05-15990View PDF
2021-122022-05-06990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 20, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 4, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 22, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
State / local level
General information
Address
631 N Henderson St
Galesburg, IL 61401
Metro area
Davenport-Moline-Rock Island, IA-IL
County
Knox County, IL
Website URL
galecu.net/ 
Phone
(309) 343-1777
IRS details
EIN
37-0694528
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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