NonprofitsIllinois Educators Credit Union

Illinois Educators Credit Union

SPRINGFIELD, IL

Total revenue

$6.5M

Total expenses

$5.8M

Net assets

$11.8M

Grants received

EIN

370771458

Tax year

2024

Mission

The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership.

Programs

1 program

The Credit Union has several types of loan programs available for its members. The Credit Union funded 1,435 new loans during 2023. As of 12 31 2023 the Credit Union had 6,039 outstanding to its members.

0

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.8M
Investment income$652K
Other revenue$66K
Total revenue$6.5M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$4.0M
Total expenses$5.8M
Total assets$100.7M
Net assets$11.8M

People

14 listed

NameRoleCompensation

Jody Dabrowski

CEO

Board

$271K

50 hrs/wk

Gaspare Gallina

Executive VP

Board

$126K

40 hrs/wk

John Meyer

Vice Chair

Board

1 hrs/wk

Rich Eggleston

Treasurer

Board

1 hrs/wk

James Korte

Secretary

Board

1 hrs/wk

Sandi Davin

Director

Board

1 hrs/wk

Laura Jordan

Director

Board

1 hrs/wk

Tiffany Williams

Chairman

Board

1 hrs/wk

Rob Meagher

Director

Board

1 hrs/wk

Greg Stock

Director

Board

1 hrs/wk

Jeff Vose

Director

Board

1 hrs/wk

Richard Bowen

Director

Board

1 hrs/wk

Cinda Klickna

Director

Board

1 hrs/wk

Dane Holmes

Controller

Staff

$137K

50 hrs/wk

Independent contractors

Fiserv

Core processor

$559K

Details

EIN370771458
Subsection14
Ruling date1942-05
Formed1938
Employees36
Volunteers0
ILLINOIS EDUCATORS CREDIT UNION — Mission, Financials & Grants Received | Grantivo