NonprofitsCornerstone Credit Union

Public & Societal Benefit

Cornerstone Credit Union

FREEPORT, IL

Total revenue

$9.4M

Total expenses

$8.7M

Net assets

$15.6M

Grants received

EIN

362217287

Tax year

2024

Mission

Cornerstone credit union is a community-focused financial cooperative committed to providing quality, differentiated services to its member-owners. Our professional staff and volunteers will ensure fiscal stability through responsible leadership and growth.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$7.1M
Investment income$2.4M
Other revenue
Total revenue$9.4M

Expenses

Grants paid$8K
Salaries & benefits$2.9M
Fundraising
Other expenses$3.9M
Total expenses$8.7M
Total assets$163.6M
Net assets$15.6M

People

13 listed

NameRoleCompensation

GAIL CLORE

PRESIDENT

Board

$176K

40 hrs/wk

DAVID HOFFERT

VP OF OPERATIONS

Board

$149K

40 hrs/wk

JIM COONS

VP OF FINANCE

Board

$129K

40 hrs/wk

SCOTT ARNOLD

VP OF LENDING

Board

$125K

40 hrs/wk

KENNETH EICHHOLZ JR

DIRECTOR

Board

1 hrs/wk

CHRISTINE KLIPPING

DIRECTOR

Board

1 hrs/wk

CHARLES BEYER

CHAIR

Board

1 hrs/wk

TRAVIS VOSS

DIRECTOR

Board

1 hrs/wk

CHELSEA WHITE

DIRECTOR THRU MAY

Board

1 hrs/wk

CONNIE KRAFT

DIRECTOR

Board

1 hrs/wk

DANIEL SCHOAF

VICE CHAIR/TREASURER

Board

1 hrs/wk

VALERIE ROTHERMEL-NELSON

SECRETARY

Board

1 hrs/wk

RANDY CHURCH

DIRECTOR THRU MARCH

Board

1 hrs/wk

Independent contractors

FISERV

DATA PROCESSING

$560K

ENTRE COMPUTER SOLUTIONS

IT SERVICES COMPUTER SOFTWARE

$131K

Details

EIN362217287
NTEE codeW61
Subsection14
Ruling date1941-09
Formed1939
Employees48
Volunteers7
CORNERSTONE CREDIT UNION — Mission, Financials & Grants Received | Grantivo