NonprofitsEder Financial Inc

Eder Financial Inc

ELGIN, IL

Total revenue

$74.6M

Total expenses

$189.5M

Net assets

$316.3M

Grants received

EIN

363668497

Tax year

2024

Mission

Eder financial, inc. Has a stated purpose to support the financial well-being of the church of the brethren and other persons and groups that share similar values by offering programs that provide retirement, medical and financial aid benefits to ministers, missionaries and lay employees of certain churches and church related agencies.

Programs

2 programs

Provide medical, dental, vision, long term disability and life insurance to ordained and lay pastors and employees of congregations, districts, camps, agencies, and affiliated organizations of the church of the brethren and of other like-minded denominations and groups.

Expenses: $5.1M

Church workers assistance plan - provides financial aid and emergency assistance to church of the brethren pastors and employees of congregations, districts, and camps who meet tenure requirements.

Expenses: $353KGrants: $353K

Financials

FY 2024

Revenue

Contributions & grants$4K
Program service revenue$11.4M
Investment income$61.9M
Other revenue$1.3M
Total revenue$74.6M

Expenses

Grants paid$353K
Salaries & benefits$4.0M
Fundraising$250K
Other expenses$4.4M
Total expenses$189.5M
Total assets$340.6M
Net assets$316.3M

People

18 listed

NameRoleCompensation

NEVIN DULABAUM

PRESIDENT

Board

$209K

28 hrs/wk

JOHN MCGOUGH

CFO/VP OF INVESTMENTS

Board

$143K

24 hrs/wk

LYNNAE RODEFFER

VP OF PRODUCTS/SERVICES

Board

$127K

28 hrs/wk

MICHELLE KILBOURNE

VP OF INTERNAL CAPABILITIES

Board

$119K

36 hrs/wk

RUSS MATTESON

BOARD MEMBER

Board

0.33 hrs/wk

AUDREY MYER

BOARD MEMBER

Board

0.33 hrs/wk

JERRY PATTERSON

BOARD MEMBER

Board

0.33 hrs/wk

WAYNE SCOTT

VICE CHAIR

Board

0.33 hrs/wk

KEVIN BOYER

BOARD MEMBER

Board

0.33 hrs/wk

RANDY YODER

BOARD MEMBER

Board

0.33 hrs/wk

EUNICE CULP

BOARD MEMBER

Board

0.33 hrs/wk

DENNIS KINGERY

BOARD MEMBER

Board

0.33 hrs/wk

DAVID SHISSLER

BOARD MEMBER - NEW / CHAIR - PAST

Board

0.33 hrs/wk

SARA DAVIS

BOARD MEMBER

Board

0.33 hrs/wk

JAN FAHS

BOARD MEMBER

Board

0.33 hrs/wk

KATHERINE HAFF

BOARD MEMBER

Board

0.33 hrs/wk

DONNA RHODES

CHAIR - NEW

Board

0.33 hrs/wk

GERMAN GONGORA

INFORMATION TECHNOLOGY DIR

Staff

$113K

20 hrs/wk

Independent contractors

MILLIMAN INC

CONSULTING FIRM

$190K

Details

EIN363668497
Subsection03
Ruling date1991-03
Formed1989
Employees33
Volunteers13
EDER FINANCIAL INC — Mission, Financials & Grants Received | Grantivo