Nonprofit · EIN 35-1089892
FIRST TRUST CREDIT UNION
Tax-exempt · MICHIGAN CITY, IN 46360
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,306,039 | $7,142,217 | $3,163,822 | $184,636,638 | $160,007,717 | $24,628,921 |
| December 31, 2024 | 990 | $8,677,754 | $6,360,165 | $2,317,589 | $176,430,949 | $154,965,850 | $21,465,099 |
| December 31, 2023 | 990 | $7,024,551 | $5,398,512 | $1,626,039 | $160,830,490 | $141,682,981 | $19,147,509 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,219,016
- Investment income
- $5,011,240
- Other revenue
- $75,783
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,031,153
- Salaries, compensation and benefits (total)
- $2,474,179
- Professional fundraising fees
- $0
- Occupancy
- $287,813
- Depreciation
- $259,346
- Program services (functional)
- $7,142,217
Balance sheet and other
- Total assets, start of year
- $176,430,949
- Total assets, end of year
- $184,636,638
- Total liabilities, end of year
- $160,007,717
- Net assets, end of year
- $24,628,921
- Land, buildings and equipment
- $2,379,861
- Gross unrelated business income
- $24,630
- Gross receipts
- $10,306,039
- Employees
- 48
- Volunteers
- 0
- Year formed
- 1959
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM KNIOLA | CEO Officer | 40 | $211,551 |
| DAN RAJSIC | CFO Officer | 40 | $89,375 |
| LINDA BECHINSKI | SECRETARY Trustee or director | 1 | $0 |
| JOHN HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES MINK | TREASURER & VICE CHAIR Trustee or director | 1 | $0 |
| BOB TILLEMA | CHAIRMAN Trustee or director | 1 | $0 |
| JUDY WRIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| KATHRYN HARROW | BOARD MEMBER Trustee or director | 1 | $0 |
| PAMELA JENKS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM KNIOLA | CEO Officer | 40 | $183,297 |
| DAN RAJSIC | CFO Officer | 40 | $83,286 |
| LINDA BECHINSKI | SECRETARY Trustee or director | 1 | $0 |
| JOHN HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES MINK | TREASURER & VICE CHAIR Trustee or director | 1 | $0 |
| BOB TILLEMA | CHAIRMAN Trustee or director | 1 | $0 |
| JUDY WRIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| KATHRYN HARROW | BOARD MEMBER Trustee or director | 1 | $0 |
| PAMELA JENKS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM KNIOLA | CEO Officer | 40 | $181,146 |
| DAN RAJSIC | CFO Officer | 40 | $80,881 |
| LINDA BECHINSKI | SECRETARY Trustee or director | 1 | $0 |
| JOHN HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES MINK | TREASURER & VICE CHAIR Trustee or director | 1 | $0 |
| BOB TILLEMA | CHAIRMAN Trustee or director | 1 | $0 |
| JUDY WRIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| KATHRYN HARROW | BOARD MEMBER Trustee or director | 1 | $0 |
| PAMELA JENKS | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 950 E US HIGHWAY 20, MICHIGAN CITY, IN 46360-7470
- Principal officer (990 for 2025)
- KIM KNIOLA, 950 E US HIGHWAY 20, MICHIGAN CITY, IN 46360
- Signed the 990
- KIM KNIOLA, CEO
- Phone
- (219) 879-6161
- Website
- WWW.FIRSTTRUSTCU.COM
- Return prepared by
- WHITINGER & COMPANY LLC
Mission
THE CREDIT UNION ANTICIPATES AND PROVIDES FINANCIAL NEEDS, WANTS, AND GOALS FOR OUR MEMBER-OWNERS, INCLUDING VARIOUS LOANS AT REASONABLE RATES AND SAVINGS ACCOUNTS WITH A GOOD RETURN.
Program accomplishments
- FIRST TRUST CREDIT UNION OFFERS ITS MEMBERS LOW COST CONSUMER LOANS AND COMPETITIVE RATES ON REGULAR SAVINGS, CERTIFICATES OF DEPOSITS, IRA'S, MONEY MARKETS, AND CLUB ACCOUNTS,Expenses $7,142,217
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1089892
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $184,636,638
- Income (IRS master file)
- $10,306,039
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,306,039 | $7,142,217 | $184,636,638 | XML |
| 990 | December 2024 | $8,677,754 | $6,360,165 | $176,430,949 | IRS |
| 990 | December 2023 | $7,024,551 | $5,398,512 | $160,830,490 | XML |
| 990 | December 2022 | $6,159,987 | $4,879,126 | $171,651,792 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1089892).
Questions about FIRST TRUST CREDIT UNION
- What is the EIN of FIRST TRUST CREDIT UNION?
- The employer identification number (EIN) of FIRST TRUST CREDIT UNION is 35-1089892.
- Is FIRST TRUST CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2019.
- Are donations to FIRST TRUST CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FIRST TRUST CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIRST TRUST CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST TRUST CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FIRST TRUST CREDIT UNION?
- The 990 for the year ended December 31, 2025 names KIM KNIOLA.
- Who are the officers and directors of FIRST TRUST CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $211,551 (KIM KNIOLA, CEO).
- How much revenue does FIRST TRUST CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,306,039, expenses of $7,142,217 and total assets of $184,636,638 at year end.
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