NonprofitsRockford Municipal Employees Credit Union

Rockford Municipal Employees Credit Union

ROCKFORD, IL

Total revenue

$1.0M

Total expenses

$817K

Net assets

$3.2M

Grants received

$10K

1 grants

EIN

366110489

Tax year

2024

Mission

To assist our members in the management of their financial well-being by providing loans, savings accounts and other financial institution services in a friendly professional manner.

Programs

2 programs

Provided consumer loans to 914 members

Provided home home equity line of credit to 32 members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$647K
Investment income$366K
Other revenue
Total revenue$1.0M

Expenses

Grants paid
Salaries & benefits$332K
Fundraising
Other expenses$485K
Total expenses$817K
Total assets$22.5M
Net assets$3.2M

People

11 listed

NameRoleCompensation

MARY OGDEN

SUPERVISORY MEMBER

Board

1 hrs/wk

DAVID SAID

SUPERVISORY MEMBER

Board

1 hrs/wk

KATRINA COSSEY

ALTERNATE BOARD MEMBER

Board

1 hrs/wk

JEFF SCHRODER

MEMBERSHIP COMMITTEE CHAIRMAN

Board

1 hrs/wk

SHIRLEY FOLTZ

CREDIT COMMITTEE MEMBER

Board

1 hrs/wk

KRISTIE BELLONE

SECRETARY

Board

1 hrs/wk

CHARLES DOYLE

VICE CHAIRMAN

Board

1 hrs/wk

STEVE CHAPMAN

TREASURER

Board

1 hrs/wk

WALLIS PARSON

CHAIRMAN

Board

1 hrs/wk

DUSTIN OBERBROECKLING

SUPERVISORY CHAIRMAN

Board

1 hrs/wk

JODY MERNACK

PRESIDENT

Staff

$89K

40 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$10K from 1 funder · 1 grant · 2024

Illinois Credit Union Foundation

$10K · 1 grant · 2024

Details

EIN366110489
Subsection14
Ruling date1942-07
Formed1942
Employees7
Volunteers9
ROCKFORD MUNICIPAL EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo