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Nonprofit · EIN 36-2443404

KANKAKEE FEDERATION OF TEACHERS CREDIT UNION

Tax-exempt · KANKAKEE, IL 60901

Financials

$409K$376K2023$499K$482K2024$495K$440K2025
Revenue Expenses · by fiscal year end
Financials of KANKAKEE FEDERATION OF TEACHERS CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$495,312$439,972$55,340$10,382,415$9,132,923$1,249,492
December 31, 2024990$499,359$482,498$16,861$10,492,276$9,298,124$1,194,152
December 31, 2023990$409,049$376,475$32,574$9,561,901$8,384,610$1,177,291
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$394,271
Investment income
$101,041
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$37,128
Other salaries and wages
$42,223
Salaries, compensation and benefits (total)
$85,927
Professional fundraising fees
$0
Accounting fees
$12,550
Program services (functional)
$439,972

Balance sheet and other

Total assets, start of year
$10,492,276
Total assets, end of year
$10,382,415
Total liabilities, end of year
$9,132,923
Net assets, end of year
$1,249,492
Publicly traded securities
$850,000
Gross receipts
$495,312
Employees
5
Volunteers
6
Year formed
1956
State of legal domicile
IL

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.

NameTitleHours / weekCompensation
JENNIFER CONNPRESIDENT/TREASURER
Trustee or director, Officer
12$37,128
MARION JACKSON JRCHAIR
Trustee or director, Officer
12$0
PATRICIA GEELASSISTANT TREASURER
Trustee or director, Officer
10$0
RUTH HATCHERSECRETARY
Trustee or director
1$0
OACHIA IRVINBOARD MEMBER
Trustee or director
1$0
DIANA LOPEZBOARD MEMBER
Trustee or director
1$0
MATTHEW RUSEKBOARD MEMBER
Trustee or director
1$0
PENNY SYLVESTERBOARD MEMBER
Trustee or director
1$0
JASON WORDENBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
JENNIFER CONNPRESIDENT/TREASURER
Trustee or director, Officer
12$32,907
PATRICIA GEELASSISTANT TREASURER
Trustee or director, Officer
10$26,500
MARION JACKSON JRCHAIR
Trustee or director, Officer
12$23,297
RUTH HATCHERSECRETARY
Trustee or director
1$0
OACHIA IRVINBOARD MEMBER
Trustee or director
1$0
DIANA LOPEZBOARD MEMBER
Trustee or director
1$0
MATTHEW RUSEKBOARD MEMBER
Trustee or director
1$0
PENNY SYLVESTERBOARD MEMBER
Trustee or director
1$0
JASON WORDENBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
PATRICIA GEELASSISTANT TREASURER
Trustee or director, Officer
10$32,673
JENNIFER CONNPRESIDENT/TREASURER
Trustee or director, Officer
12$31,530
MARION JACKSON JRCHAIR
Trustee or director, Officer
12$19,100
RUTH HATCHERSECRETARY
Trustee or director
1$0
OACHIA IRVINBOARD MEMBER
Trustee or director
1$0
DIANA LOPEZBOARD MEMBER
Trustee or director
1$0
MATTHEW RUSEKBOARD MEMBER
Trustee or director
1$0
PENNY SYLVESTERBOARD MEMBER
Trustee or director
1$0
JASON WORDENBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1200 W JEFFERY ST, KANKAKEE, IL 60901-4667
Principal officer (990 for 2025)
PATRICIA GEEL, 1200 W JEFFERY ST, KANKAKEE, IL 60901
Signed the 990
JENNIFER CONN, PRESIDENT/TREASURER
Phone
(815) 802-4323
Return prepared by
LMHN LTD

Mission

AS A SMALL AND SUCCESSFUL CREDIT UNION COMMITTED TO TEACHERS HELPING TEACHERS, THE KANKAKEE FEDERATION OF TEACHERS CREDIT UNION HAS AS ITS MISSION TO PROVIDE SOUND, STABLE, AND SECURE FINANCIAL SERVICES TO ITS PRESENT AND FUTURE MEMBERS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE CREDIT UNION PROVIDED OVER 700 LOANS TO ITS MEMBERS AND HELD OVER 1,500 MEMBER SHARE-TYPE ACCOUNTS FOR ITS MEMBERS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-2443404
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1957
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,382,415
Income (IRS master file)
$495,312

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$495,312$439,972$10,382,415IRS
990December 2024$499,359$482,498$10,492,276IRS
990December 2023$409,049$376,475$9,561,901XML
990December 2022$329,519$314,587$9,355,728IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 36-2443404).

Questions about KANKAKEE FEDERATION OF TEACHERS CREDIT UNION

What is the EIN of KANKAKEE FEDERATION OF TEACHERS CREDIT UNION?
The employer identification number (EIN) of KANKAKEE FEDERATION OF TEACHERS CREDIT UNION is 36-2443404.
Is KANKAKEE FEDERATION OF TEACHERS CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1957.
Are donations to KANKAKEE FEDERATION OF TEACHERS CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KANKAKEE FEDERATION OF TEACHERS 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 KANKAKEE FEDERATION OF TEACHERS 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 KANKAKEE FEDERATION OF TEACHERS 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 KANKAKEE FEDERATION OF TEACHERS CREDIT UNION?
The 990 for the year ended December 31, 2025 names PATRICIA GEEL.
Who are the officers and directors of KANKAKEE FEDERATION OF TEACHERS CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $37,128 (JENNIFER CONN, PRESIDENT/TREASURER).
How much revenue does KANKAKEE FEDERATION OF TEACHERS CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $495,312, expenses of $439,972 and total assets of $10,382,415 at year end.

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