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EIN 37-0771458

Illinois Educators Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
42
City
Springfield
State
Illinois
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Illinois Educators Credit Union operates to assist its members by providing loans, deposit accounts, and other financial services. It has several types of loan programs and funded 1,778 new loans during 2022, while also having 5,038 outstanding loans as of 12/31/2022. The Credit Union offers various types of deposit accounts and has 8,997 members as of the end of the year.
Also known as...
Sangamon Schools Credit Union; Jody Dabrowski
Total revenues
$5,097,247
2022
Total expenses
$3,516,595
2022
Total assets
$100,277,471
2022
Num. employees
42
2022

Program areas at Illinois Educators Credit Union

The Credit Union has various types of deposit accounts available for its members. As of 12/31/2022 the Credit Union had 8,997 members.
The Credit Union has several types of loan programs available for its members. The Credit Union funded 1,778 new loans during 2022. As of 12/31/2022 the Credit Union had 5,038 outstanding loans to its members.

Personnel at Illinois Educators Credit Union

NameTitleCompensation
Jody DabrowskiChief Executive Officer$206,352
Paul GaumerChief Operating Officer$134,077
Richard EgglestonSecretary$0
Cinda KlicknaChairperson$0
John MeyerTreasurer$0
...and 3 more key personnel

Financials for Illinois Educators Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,329,297
Investment income and dividends$355,710
Tax-exempt bond proceeds
Royalty revenue
Net rental income
Net gain from sale of non-inventory assets$412,240
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,097,247

Form 990s for Illinois Educators Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-27990View PDF
2021-122022-11-14990View PDF
2020-122021-02-28990View PDF
2018-122019-08-17990View PDF
2017-122018-09-12990View PDF
...and 8 more Form 990s

Organizations like Illinois Educators Credit Union

OrganizationLocationRevenue
Foundation Credit UnionSpringfield, MO$2,698,734
Infuze Credit UnionWaynesville, MO$19,866,849
Valley Credit Union / Valley Financial Credit UnionBillings, MT$21,078,059
Greater Kentucky Credit UnionLexington, KY$5,100,885
Minnequa Works Credit UnionPueblo, CO$7,236,388
Arsenal Credit Union (ACU)Arnold, MO$21,467,724
Kansas Teachers Community Credit UnionPittsburg, KS$4,648,197
Cooperativa de Ahorro Y Credito MorovenaMorovis, PR$4,630,080
Cooperativa de Ahorro Y Credito HatilloHatillo, PR$7,701,719
Cornerstone Credit UnionFreeport, IL$6,965,510
Data update history
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 5, 2023
Updated personnel
Identified 5 new personnel
June 26, 2023
Used new vendors
Identified 2 new vendors, including , and
May 21, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
3101 Montvale Dr
Springfield, IL 62704
Metro area
Springfield, IL
County
Sangamon County, IL
Website URL
iecumember.org/ 
Phone
(217) 528-2642
IRS details
EIN
37-0771458
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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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