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EIN 35-0997241

Indiana Members Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
525
City
Indianapolis
State
Indiana
Year formed
1956
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Indiana Members Credit Union is a state-chartered credit union located in Indianapolis, IN. It offers financial services such as taking in deposits and making loans for those who may not have access to another financial institution. Additionally, it invests excess funds on behalf of its members and returns the profits to them in the form of dividends.
Total revenues
$148,731,192
2023
Total expenses
$124,463,392
2023
Total assets
$2,916,013,644
2023
Num. employees
525
2023

Program areas at Indiana Members Credit Union

We take in deposits and make loans for those who, in some cases, would not have access to another financial institution.
We provide services to members at below-market fees.
We invest excess funds on behalf of our members, and return the profits to the members in the form of dividends.

Personnel at Indiana Members Credit Union

NameTitleCompensation
John NewettChief Executive Officer$815,841
Ronny CollierFormer Chief Executive Officer$1,184,205
Todd HabigSenior Vice President , Finance$440,142
Thorpe MillerChief Marketing Officer$225,304
Scott MannChief Retail Officer$261,372
...and 12 more key personnel

Financials for Indiana Members Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$87,100,993
Investment income and dividends$30,448,916
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$31,181,283
Total revenues$148,731,192

Form 990s for Indiana Members Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-06990View PDF
2022-122023-03-07990View PDF
2021-122022-02-24990View PDF
2020-122021-03-19990View PDF
2020-122021-03-09990View PDF
...and 15 more Form 990s

Organizations like Indiana Members Credit Union

OrganizationLocationRevenue
Ent Credit UnionColorado Springs, CO$406,110,668
Firefighters First Credit UnionLos Angeles, CA$47,155,486
Pennsylvania State Employees Credit Union (PSECU)Harrisburg, PA$356,564,660
Corporate America Family Credit UnionElgin, IL$39,765,164
Credit Union 1Anchorage, AK$77,760,445
Potlach No 1 Financial Credit UnionLewiston, ID$101,119,936
True Sky Credit UnionOklahoma City, OK$47,281,663
Metro Credit UnionChelsea, MA$114,336,853
Credit Union of AmericaWichita, KS$79,212,400
Leaders CREDIT UnionJackson, TN$54,522,507
Data update history
May 21, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 1 new vendor, including
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
Human services
Characteristics
State / local level
General information
Address
5103 Madison Ave
Indianapolis, IN 46227
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
imcu.com/ 
Phone
(317) 788-0366
IRS details
EIN
35-0997241
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
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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