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EIN 36-2282191

Financial Plus Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
110
City
Ottawa
State
Illinois
Year formed
1951
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Financial Plus Credit Union assists members in managing their financial wellbeing by providing loans, savings accounts, and other financial services while offering exceptional service. In 2021, Financial Plus Credit Union provided 6,481 new loans to members totaling $112,607,267, including real estate, home equity, and consumer loans. Additionally, 6,441 members were provided with Visa credit cards that have revolving lines of credit totaling $24,809,130.
Total revenues
$20,342,289
2022
Total expenses
$16,115,786
2022
Total assets
$468,066,782
2022
Num. employees
110
2022

Program areas at Financial Plus Credit Union

Provided 40,311 non Credit card loans to members during 2022.
Provided 72,774 deposit accounts to members during 2022.
Provided 5,029 Credit cards loans to members during 2022.

Personnel at Financial Plus Credit Union

NameTitleCompensation
Timothy O'DonnellPresident and Chief Executive Officer$335,621
Dianne BangertVice President - Chief Operating Officer$147,206
Fielding LockasChief Financial Officer
Thomas GregorVice President - Chief Information Officer$140,117
Jean McDonaldPast Vice President - Chief Financial Officer$108,820
...and 6 more key personnel

Financials for Financial Plus Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$18,367,010
Investment income and dividends$1,975,279
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$0
Total revenues$20,342,289

Form 990s for Financial Plus Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-11990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2018-122019-06-19990View PDF
2017-122018-06-14990View PDF
...and 7 more Form 990s

Organizations like Financial Plus Credit Union

OrganizationLocationRevenue
Cornerstone Credit UnionFreeport, IL$6,965,510
Cooperativa de Ahorro Y Credito HatilloHatillo, PR$7,701,719
Arsenal Credit Union (ACU)Arnold, MO$21,467,724
Greater Kentucky Credit UnionLexington, KY$5,100,885
Minnequa Works Credit UnionPueblo, CO$7,236,388
Oklahomas Credit UnionOklahoma City, OK$35,089,977
Mainstreet Credit UnionLenexa, KS$16,948,261
Infuze Credit UnionWaynesville, MO$19,866,849
Valley Credit Union / Valley Financial Credit UnionBillings, MT$21,078,059
Alden Credit UnionChicopee, MA$7,263,216
Data update history
August 19, 2023
Updated personnel
Identified 3 new personnel
August 19, 2023
Used new vendors
Identified 1 new vendor, including
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 17, 2023
Updated personnel
Identified 1 new personnel
May 11, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
800 Chestnut St
Ottawa, IL 61350
County
LaSalle County, IL
Website URL
financialplus.org/ 
Phone
(815) 433-1496
IRS details
EIN
36-2282191
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
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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