Nonprofits2 Rivers Area Credit Union

2 Rivers Area Credit Union

KANKAKEE, IL

Total revenue

$1.6M

Total expenses

$1.5M

Net assets

$2.9M

Grants received

$6K

1 grants

EIN

362282246

Tax year

2024

Mission

Illinois state chartered credit union operated for the mutual benefit of its members

Programs

1 program

The Credit Union pays out dividends on its members' share deposit accounts at a market rate of interest. The number of share accounts at 12/31/24 is 7,135 for a total of $20,329,715.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.3M
Investment income$277K
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$496K
Fundraising
Other expenses$966K
Total expenses$1.5M
Total assets$23.4M
Net assets$2.9M

People

9 listed

NameRoleCompensation

Danita Swanson

President/Manager

Board

$116K

40 hrs/wk

John Absher

Vice-Chair

Board

2 hrs/wk

John Hogan

Treasurer

Board

2 hrs/wk

Brad Kuntz

Secretary

Board

2 hrs/wk

Mary Westover

Chairman

Board

2 hrs/wk

Ronnie Collins

Director

Board

2 hrs/wk

Patricia Williams

Director

Board

2 hrs/wk

Marc Magiera

Director

Board

2 hrs/wk

Thomas Maass

Director

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$6K
COVID 19 Assist and MBD Grant
2020

Funded by

$6K from 1 funder · 1 grant · 2020

Illinois Credit Union Foundation

$6K · 1 grant · 2020

Details

EIN362282246
Subsection14
Ruling date1951-09
Formed1951
Employees7
Volunteers8
2 RIVERS AREA CREDIT UNION — Mission, Financials & Grants Received | Grantivo