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EIN 36-1120219

Gas and Electric Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
18
City
Rock Island
State
Illinois
Year formed
1935
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Gas and Electric Credit Union aims to encourage thrift among its members, create a source of credit at a reasonable rate of interest, and provide opportunities for its members to use and control their own money to improve their economic and social conditions. Its programs include offering auto loans to 392 members to purchase new or used vehicles and providing mortgage loans or advances to 107 members.
Total revenues
$3,916,471
2022
Total expenses
$3,724,077
2022
Total assets
$116,715,912
2022
Num. employees
18
2022

Program areas at Gas and Electric Credit Union

We provided auto loans to 392 members to purchase a new or used vehicle
We provided mortgage loans or advances to 107 members
We provided checking accounts to 3820 members

Personnel at Gas and Electric Credit Union

NameTitleCompensation
Daryl EmpenPresident$135,335
Judy VandewoestyneChairperson$0
Brian BeverlinVice President$114,186
Corbyn BeckVice Chairperson$0
Joel VastineSecretary$0
...and 4 more key personnel

Financials for Gas and Electric Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$3,965,443
Investment income and dividends$27,488
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-76,460
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,916,471

Form 990s for Gas and Electric Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-04990View PDF
2021-122022-05-04990View PDF
2020-122021-05-11990View PDF
2019-122020-08-11990View PDF
2018-122019-07-25990OView PDF
...and 9 more Form 990s
Data update history
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 2 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 24, 2023
Updated personnel
Identified 1 new personnel
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
2300 4th Ave
Rock Island, IL 61201
Metro area
Davenport-Moline-Rock Island, IA-IL
County
Rock Island County, IL
Website URL
gaselectriccu.com/ 
Phone
(309) 793-3610
IRS details
EIN
36-1120219
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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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