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EIN 37-0653843

Central Illinois Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
10
City
Champaign
State
Illinois
Year formed
1948
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Central Illinois Credit Union provides a full range of quality financial services at competitive rates to its membership. It is committed to member service in a friendly atmosphere, long-term financial stability, promotion of thrift, and involvement in our community. The Credit Union services more than 5,600 member share type accounts and 1,100 loan accounts, including visa cards.
Total revenues
$1,581,798
2023
Total expenses
$1,032,473
2023
Total assets
$25,263,230
2023
Num. employees
10
2023

Program areas at Central Illinois Credit Union

Provided consumer lending and received deposits from the membership. The Credit Union services in excess of 5,700 member share type accounts and 1,200 loan accounts, including visa cards.

Who funds Central Illinois Credit Union

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Illinois Credit Union FoundationScholarship Grant$7,500

Personnel at Central Illinois Credit Union

NameTitleCompensation
Chelsea R AndersonPresident$108,155
Jerrica E GallegosVice President$74,235
Cheryl MerkelPresident$80,839

Financials for Central Illinois Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,001,948
Investment income and dividends$573,464
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$6,386
Total revenues$1,581,798

Form 990s for Central Illinois Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-05-15990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2019-122020-10-07990View PDF
...and 10 more Form 990s

Organizations like Central Illinois Credit Union

OrganizationLocationRevenue
196 Middletown Area Schools Credit UnionMiddletown, OH$652,471
Central Wisconsin Credit UnionPlover, WI$1,889,512
Reeves County Teachers Credit UnionPecos, TX$694,222
Mower County Employees Credit UnionAustin, MN$617,314
Credit Unions Chartered in the State of Michigan - 672 Fed Empl of Chippewa Cred USault Sainte Marie, MI$541,573
Credit Unions Chartered in the State of Michigan - 1102 Motor City Co-Op CRDT UnClinton Township, MI$6,722,799
Your Best Credit UnionNashville, TN$1,075,284
Iron County Community Credit UnionHurley, WI$2,454,870
Hampton Roads Educators' Credit UnionHampton, VA$2,070,345
West Metro Schools Credit UnionHopkins, MN$1,884,691
Data update history
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Updated personnel
Identified 2 new personnel
December 27, 2023
Received grants
Identified 1 new grant, including a grant for $7,500 from Illinois Credit Union Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
2106 W John St
Champaign, IL 61821
Metro area
Champaign-Urbana, IL
County
Champaign County, IL
Website URL
cicu.com/ 
Phone
(217) 356-9721
IRS details
EIN
37-0653843
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1948
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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