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EIN 36-6066647

Membersalliance Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
96
City
Rockford
State
Illinois
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Membersalliance Credit Union offers financial products and services to its members, striving to be a leader in the community by providing exceptional service and financial education. It provides consumer, real estate, and home equity loans at competitive interest rates to its 19,653 members with 12,983 loans totaling $155 million as of 12/31/21. Additionally, it provides various deposit accounts at competitive interest rates, with total deposits of over $238 million as of 12/31/21.
Total revenues
$11,651,256
2022
Total expenses
$9,931,863
2022
Total assets
$272,214,856
2022
Num. employees
96
2022

Program areas at Membersalliance Credit Union

Consumer, real estate and home equity loans to members at competitive interest rates. There were 19,763 members and 12,011 loans totaling $170 million as of 12/31/22
Provided various deposit accounts to members at competitive interest rates. Deposit accounts of members totaled $250 million as of 12/31/22.

Personnel at Membersalliance Credit Union

NameTitleCompensation
Lisa KellerVice President of Operations$132,649
Kelly FroeligerVice President of Finance$133,062
Cheryl SioPresident$204,127
Christine EricksonVice President of Lending$141,197
Matthew LynchVice President of Branding and Development$81,041

Financials for Membersalliance Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$10,558,037
Investment income and dividends$1,092,594
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$625
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,651,256

Form 990s for Membersalliance Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-10990View PDF
2022-122023-07-07990View PDF
2021-122022-06-29990View PDF
2020-122021-06-30990View PDF
2019-122020-10-14990View PDF
...and 11 more Form 990s
Data update history
August 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Updated personnel
Identified 4 new personnel
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 13, 2023
Updated personnel
Identified 1 new personnel
November 23, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
State / local level
General information
Address
2550 S Alpine
Rockford, IL 61108
Metro area
Rockford, IL
County
Winnebago County, IL
Website URL
membersalliance.org/ 
Phone
(815) 226-2260
IRS details
EIN
36-6066647
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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