2024-05-14T15:23:04-07:00 2023-12-31 371410049 LMHN LTD 900 N Webster St PO Box 87 Taylorville IL 62568 990 2023-01-01 370694528 GALE CREDIT UNION GALE 3093431777 631 N HENDERSON STREET GALESBURG IL 61401 RANDY MCELWEE PRESIDENT 3093431777 2024-05-14 true RANDY MCELWEE XXX-XX-XXXX true Brent J Lively CPA P01244544 2178249661 2024-05-14 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z RANDY MCELWEE 631 N HENDERSON ST GALESBURG IL 61401 2758770 false X N/A X 1947 IL TO PROMOTE THRIFT AND TO PROVIDE THE HIGHEST QUALITY COMPETITIVE SERVICES AND BENEFITS TO ITS MEMBERS, WHILE ASSURING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY. 8 7 25 10 0 0 0 1245882 2390955 264441 361974 102708 5841 1613031 2758770 0 0 552994 921411 0 0 677390 1442043 1230384 2363454 382647 395316 39198216 56771560 34326362 50341463 4871854 6430097 TO PROMOTE THRIFT AND TO PROVIDE THE HIGHEST QUALITY COMPETITIVE SERVICES AND BENEFITS TO ITS MEMBERS, WHILE ASSURING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY. false false PROVIDED CONSUMER LENDING AND RECEIVED DEPOSITS FROM THE CREDIT UNION MEMBERSHIP. THE CREDIT UNION SERVICES MORE THAN 8,710 MEMBER SHARE TYPE ACCOUNTS AND MORE THAN 4,085 LOAN TYPE ACCOUNTS, INCLUDING VISA CARDS. false false true 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 false false false false false false false false false false false false false false false false true 1311 0 true 25 true false false false false false false false false false false X 8 7 false false false false true true true true true false false true true true true true true false false false X RANDY MCELWEE 3093431777 631 N HENDERSON ST GALESBURG IL 61401 JAMES MCNABB CHAIRPERSON 1.00 X 0 0 0 CHRISTINE PEPMEYER VICE CHAIR 1.00 X 0 0 0 LINDA TOWNSEND DIRECTOR 1.00 X 0 0 0 LINDA LARSON DIRECTOR 1.00 X 0 0 0 BRETT STAHL SECRETARY 1.00 X 0 0 0 GREGORY BACON DIRECTOR 1.00 X 0 0 0 RICK BARNHILL DIRECTOR 1.00 X 0 0 0 ROBERT HOWERTON DIRECTOR 1.00 X 0 0 0 TROY TARTER DIRECTOR 1.00 X 0 0 0 TERY BOYER DIRECTOR 1.00 X 0 0 0 RANDY D MCELWEE CEO/TREASURER 40.00 X X 110291 0 17492 JOY SKOLD VICE PRESIDENT 40.00 X 48476 0 9381 158767 0 26873 1 false false false LOAN INTEREST 522100 1773489 0 0 FEES AND CHARGES 522100 617466 0 0 2390955 361974 0 0 NON-OPERATING INCOME 900099 5841 5841 0 0 5841 2758770 2758770 0 0 185640 0 0 0 546325 0 0 0 36446 0 0 0 93978 0 0 0 59022 0 0 0 4188 0 0 0 43069 0 0 0 12944 0 0 0 24801 0 0 0 104094 0 0 0 140953 0 0 0 139991 0 0 0 9272 0 0 0 2634 0 0 0 21 0 0 0 77453 0 0 0 27930 0 0 0 PROVISION FOR LOAN LOSSES 35000 0 0 0 SHARE & LOAN SERVICING 392672 0 0 0 DUES 15104 0 0 0 DIVIDENDS 384591 0 0 0 27326 0 0 0 2363454 0 0 0 686697 749644 2779465 9187360 22064270 34462098 75953 76095 2626762 1524759 524423 1102003 12658657 10572616 408751 621744 39198216 56771560 203857 455437 34122505 49886026 34326362 50341463 X 4871854 6430097 4871854 6430097 39198216 56771560 X 395316 1162927 X false false false 750 0 0 750 750 true CREDIT UNION POLITICAL ACTION COUNCIL 1807 WEST DIEHL ROAD NAPERVILLE IL 60563 363092340 750 0 Pt I-A Line 1 THE ORGANIZATION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO THE CREDIT UNION POLITICAL ACTION COUNCIL THAT IS REPORTED IN PARTS I-A AND I-C OF THIS SCHEDULE. 0 267011 267011 1545989 855042 690947 778365 669717 108648 35397 35397 1102003 MEMBER SHARE ACCOUNTS 48889026 NON-MEMBER DEPOSITS 997000 49886026 Pt VI, Line 6 THE CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION. Pt VI, Line 7a THE GOVERNING BODY IS ELECTED FROM AND BY THE MEMBERSHIP ANNUALLY. Pt VI, Line 7b FROM TIME TO TIME, CERTAIN DECISIONS WILL BE PRESENTED TO THE MEMBERSHIP FOR A VOTE, WHICH IS DETERMINED ON A CASE BY CASE BASIS. Pt VI, Line 11b COPIES OF THE FINAL FORM 990 AND SCHEDULES WERE MADE AVAILABLE TO EACH BOARD MEMBER PRIOR TO BEING FILED WITH THE IRS. BOARD MEMBERS WERE ASKED TO REVIEW THE RETURN INDIVIDUALLY AND TO CONTACT THE RETURN PREPAPER, OTHER BOARD MEMBERS, OR EXECUTIVE OFFICERS WITH ANY QUESTIONS OR CONCERNS. Pt VI, Line 12c THE CREDIT UNION ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH AWARENESS AND REVIEW OF AFFIRMATION FORMS FOR SUSPICIOUS ACTIVITY. Pt VI, Line 19 THE CREDIT UNION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Pt XI NET EQUITY ADDITION DUE TO MERGER WITH KEMBA PEORIA CREDIT UNION (37-6031960)IN 2023.