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EIN 37-0694528

Gale Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
14
City
Galesburg
State
Illinois
Year formed
1947
Most recent tax filings
2022-12-01
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
$1,613,031
2022
Total expenses
$1,230,384
2022
Total assets
$39,198,216
2022
Num. employees
14
2022

Program areas at Gale Credit Union

Provided consumer lending and received deposits from the Credit Union membership. The Credit Union services more than 6,115 member share type accounts and more than 1,745 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 12/2022
Total grants, contributions, etc.$0
Program services$1,245,882
Investment income and dividends$264,441
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$102,708
Total revenues$1,613,031

Form 990s for Gale Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-15990View PDF
2021-122022-05-06990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s
Data update history
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
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
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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