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  4. Credit Union 1
EIN 37-0767435

Credit Union 1

IRS 501(c) type
501(c)(14)
Num. employees
485
City
Rantoul
State
Illinois
Year formed
1958
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Credit Union 1 offers convenient and competitive financial services to its members, with the mission of improving their ongoing economic well-being while promoting growth and maintaining the credit union's integrity as a member-owned and controlled institution.
Total revenues
$74,221,901
2022
Total expenses
$64,352,203
2022
Total assets
$1,585,978,393
2022
Num. employees
485
2022

Program areas at Credit Union 1

Provide financial services to its members.

Personnel at Credit Union 1

NameTitleCompensation
Todd GundersonPresident and Chief Executive Officer$693,135
Richard BroaddusChief Financial Officer and Senior Vice President / Senior Vice President and Chief Financial Officer / Senior Vice President Finance / Senior Vice President / Vice President Finance$282,410
Scott McDonaldChief Financial Officer and Executive Vice President$386,350
Michael HirtSenior Vice President , Chief Technology Officer$295,129
Kevin AllenSenior Vice President , Chief Sales Officer$285,231
...and 14 more key personnel

Financials for Credit Union 1

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$47,263,470
Investment income and dividends$2,583,102
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$870,449
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,504,880
Total revenues$74,221,901

Form 990s for Credit Union 1

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-05-16990View PDF
2020-122021-06-01990View PDF
2019-122021-06-08990View PDF
2018-122020-02-14990View PDF
...and 5 more Form 990s

Organizations like Credit Union 1

OrganizationLocationRevenue
Golden Plains Credit UnionGarden City, KS$44,194,863
FORUM Credit UnionIndianapolis, IN$95,569,110
ELGA Credit UnionGrand Blanc, MI$86,734,421
Point Breeze Credit Union (PBCU)Hunt Valley, MD$30,117,065
University of Illinois Community Credit UnionChampaign, IL$29,419,590
Navigator Credit UnionPascagoula, MS$26,230,497
Sunmark Credit UnionLatham, NY$62,452,442
Azura Credit UnionTopeka, KS$38,277,046
City of Boston Credit UnionSouth Boston, MA$22,869,244
Sharon and Crescent United Credit UnionSharon, MA$40,886,511
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Used new vendors
Identified 1 new vendor, including
June 26, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
200 E Champaign Ave
Rantoul, IL 61866
Metro area
Champaign-Urbana, IL
County
Champaign County, IL
Website URL
creditunion1.org/ 
Phone
(800) 252-6950
IRS details
EIN
37-0767435
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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