2025-05-15T17:44:31-04:00 2024-12-31 990 2024-01-01 370771458 ILLINOIS EDUCATORS CREDIT UNION % Jody Dabrowski ILLI 2175282642 3101 MONTVALE DR SPRINGFIELD IL 627044260 Dane Holmes Controller 2025-05-15 2024 2025-03-06 01:10:19Z Jody Dabrowski 3101 MONTVALE DR SPRINGFIELD IL 627044260 6471024 false X X 1938 IL The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership. 11 11 36 0 0 0 0 0 5753114 5753114 651910 651910 66000 66000 6471024 6471024 0 0 0 0 1798472 1798472 0 0 0 3998216 3998216 5796688 5796688 674336 674336 102087604 100738030 90953244 88939099 11134360 11798931 The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership. 0 0 0 The Credit Union has various types of deposit accounts for its members. As of 12 31 2024 9,226 members. 0 0 0 The Credit Union has several types of loan programs available for its members. The Credit Union funded 1,435 new loans during 2023. As of 12 31 2023 the Credit Union had 6,039 outstanding to its members. 0 0 0 0 0 0 0 false false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1572 0 true 36 true true true false false false false false false false 11 11 false false false false true true true true true false true true false true true true true true true true false X Dane Holmes 2175282642 3101 Montvale Drive Springfield IL 62704 Jody Dabrowski CEO 50.00 0.00 X X 271042 0 11117 Gaspare Gallina Executive VP 40.00 0.00 X X 126407 0 13014 Tiffany Williams Chairman 1.00 0.00 X X 0 0 0 John Meyer Vice Chair 1.00 0.00 X X 0 0 0 Rich Eggleston Treasurer 1.00 0.00 X X 0 0 0 James Korte Secretary 1.00 0.00 X X 0 0 0 Sandi Davin Director 1.00 0.00 X 0 0 0 Laura Jordan Director 1.00 0.00 X 0 0 0 Cinda Klickna Director 1.00 0.00 X 0 0 0 Rob Meagher Director 1.00 0.00 X 0 0 0 Greg Stock Director 1.00 0.00 X 0 0 0 Jeff Vose Director 1.00 0.00 X 0 0 0 Richard Bowen Director 1.00 0.00 X 0 0 0 Dane Holmes Controller 50.00 0.00 X 137082 0 11495 534531 0 35626 3 true true false Fiserv PO Box 934057 Atlanta GA 31193 Core processor 558732 0 0 0 0 0 0 0 0 Loan Interest 522130 4379249 0 0 0 Fees and Charges 522130 904564 0 0 0 Interchange Income 522130 469301 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5753114 651364 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 546 0 0 0 546 546 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Consulting 541200 66000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 66000 6471024 0 0 0 0 0 0 0 0 0 0 0 421580 421580 0 0 0 0 0 0 1102888 1102888 0 0 27043 27043 0 0 119882 119882 0 0 127079 127079 0 0 0 0 0 0 16894 16894 0 0 24352 24352 0 0 0 0 0 0 0 0 0 0 0 0 240079 240079 0 0 55617 55617 0 0 155165 155165 0 0 335960 335960 0 0 0 0 0 0 227448 227448 0 0 15044 15044 0 0 0 0 0 0 68850 68850 0 0 1348200 1348200 0 0 0 0 0 0 170113 170113 0 0 37691 37691 0 0 ATM Debit 391121 391121 0 0 Loan Servicing 128711 128711 0 0 Visa Expense 99337 99337 0 0 Provision for Loan Loss 576000 576000 0 0 107634 107634 0 0 5796688 5796688 0 0 0 0 0 0 559979 401260 4852231 6938206 0 0 102097 103114 0 0 0 0 79117692 75585919 0 0 658736 591186 3448767 923833 2726430 2524934 12117522 12650977 0 0 0 0 435908 385123 1517009 1557311 102087604 100738030 3498421 494370 0 0 0 0 0 0 0 0 0 0 0 0 0 0 87454823 88444729 90953244 88939099 X 0 0 0 0 11134360 11798931 11134360 11798931 102087604 100738030 674336 -9765 0 0 0 0 X false false 303800 303800 2425761 409530 2016231 719206 514302 204903 2524934 Members Share Account 82990730 Non Member Shares Account 5453999 88444729 false false false Jody Dabrowski CEO 234744 0 24822 0 21685 0 9498 0 0 0 290749 0 0 0 Gaspare Gallina Executive VP 123777 0 10176 0 6367 0 4739 0 6939 0 151998 0 0 0 Part VI, Line 6 501c14 Credit Union is composed of members. Part VI, Line 7a The governing body is elected from and by the membership. Part VI, Line 7b Members vote on bylaw and charter changes. Members vote and elect board members at annual meeting. Part VI, Line 11a Form 990 is prepared by Controller of the Credit Union who is a licensed CPA with the State of Illinois. CEO reviews worked performed by Controller for accuracy and completeness. The Form 990 are made available to the Board of Directors for review and to the membership upon request. Part VI, Line 12c Employee loans are management approved. Management loans are board approved. Loans to board members are approved by the board with the member applying abstaining approval. Part VI, Line 15 Executive salaries are board reviewed and approved. Board of Directors are not compensated.