EIN 36-3679911

Abbott Laboratories Employees Credit Union (ALEC)

IRS 501(c) type
501(c)(14)
Num. employees
130
City
Year formed
1990
Most recent tax filings
2023-12-01
Description
Abbott Laboratories Employees Credit Union strives to make a difference in the lives and financial well-being of its members and employees through exceptional member service and a wide array of financial products, services, and delivery channels. It is committed to gaining members' trust and providing competitive loans, market deposit rates, and efficient checking services. The credit union is located in Gurnee, IL.
Total revenues
$41,938,236
2023
Total expenses
$31,660,328
2023
Total assets
$1,000,837,841
2023
Num. employees
130
2023

Program areas at ALEC

To provide competitive loans, market deposit rates, and efficient checking services to our membership.

Grants made by ALEC

GranteeGrant descriptionAmount
Credit Union National Association (CUNA)General Support$7,556

Personnel at ALEC

NameTitleCompensation
Jon BerndtSenior Vice President , Chief Financial Officer$286,335
Brady van HeirseeleSenior Vice President , It and Risk$228,517
Jennifer DzbinskiVice President , Service and Sales$173,166
Jennifer PestikasSenior Vice President , Business Development$225,867
Joseph TrosclairPresident$604,244
...and 13 more key personnel

Financials for ALEC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$28,620,903
Investment income and dividends$12,591,132
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$94,827
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$631,374
Total revenues$41,938,236

Form 990s for ALEC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-10-31990View PDF
2021-122022-05-11990View PDF
2020-122021-05-17990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

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Data update history
July 14, 2024
Updated personnel
Identified 3 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 3 new vendors, including , , and
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
325 Tri-State Pkwy
Gurnee, IL 60031
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Lake County, IL
Website URL
alecu.org/ 
Phone
(847) 249-9431
IRS details
EIN
36-3679911
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
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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