Nonprofit · EIN 36-2464697
ADVANTAGE ONE CREDIT UNION
Tax-exempt · MORRISON, IL 61270
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,220,287 | $954,008 | $266,279 | $24,836,264 | $22,124,725 | $2,711,539 |
| December 31, 2024 | 990 | $1,146,512 | $904,345 | $242,167 | $22,921,808 | $20,476,548 | $2,445,260 |
| December 31, 2023 | 990 | $1,038,852 | $951,091 | $87,761 | $23,442,663 | $21,239,570 | $2,203,093 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $917,476
- Investment income
- $300,692
- Royalties
- $2,119
- Other revenue
- $2,119
Expenses
- Grants and similar amounts paid
- $3,010
- Compensation of officers, directors and key employees
- $83,457
- Other salaries and wages
- $182,543
- Salaries, compensation and benefits (total)
- $353,418
- Professional fundraising fees
- $0
- Legal fees
- $10,091
- Accounting fees
- $32,684
- Occupancy
- $31,113
- Depreciation
- $26,235
Balance sheet and other
- Total assets, start of year
- $22,921,808
- Total assets, end of year
- $24,836,264
- Total liabilities, end of year
- $22,124,725
- Net assets, end of year
- $2,711,539
- Land, buildings and equipment
- $205,232
- Gross unrelated business income
- $4,460
- Gross receipts
- $1,220,287
- Employees
- 12
- Volunteers
- 9
- Year formed
- 1960
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMY VENHUIZEN | PRESIDENT/CE Officer | 40 | $83,457 | $5,896 |
| MICHAEL BUCKWALTER | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| KEN BURN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JANET FISHER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DOUG PANNIER | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| SHELLY TIESMAN | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| LYNN DYKSTRA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOHN BUTKUS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LORI SNOW | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMY VENHUIZEN | PRESIDENT/CE Officer | 40 | $71,751 | $15,278 |
| MICHAEL HEMMER | PRESIDENT-PA Officer | 40 | $12,116 | $1,420 |
| MICHAEL BUCKWALTER | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| KEN BURN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JANET FISHER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| SHELLY TIESMAN | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| LYNN DYKSTRA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SUSAN HAMSTRA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KARI HORACK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL HEMMER | PRESIDENT/CE Officer | 40 | $75,000 | $18,718 |
| MICHAEL BUCKWALTER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KEN BURN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JANET FISHER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SHELLY TIESMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LYNN DYKSTRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN HAMSTRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARI HORACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 204 N JACKSON ST, MORRISON, IL 61270-3039
- In care of
- % SUSAN BENTLY
- Principal officer (990 for 2025)
- BARBARA WISOWATY, 204 N JACKSON ST, MORRISON, IL 61270
- Signed the 990
- BARBARA WISOWATY, INTERIM PRESIDENT
- Phone
- (815) 772-7215
- Website
- ADONECU.ORG
- Return prepared by
- BRENT WOOKEY CPA
Mission
SERVING THE COMMUNITY BY PROVIDING CONVENIENT FINANCIAL SERVICES YOU TRUST.
Program accomplishments
- THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 82 NEW DEPOSIT ACCOUNTS IN 2025. AS OF 12/31/25 WE HAD 2,379 MEMBERS.
- THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 186 NEW LOANS DURING 2025. AS OF 12/31/25 WE HAD 81,307 LOANS RECEIVABLE.
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
- 36-2464697
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $24,836,264
- Income (IRS master file)
- $1,220,287
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,220,287 | $954,008 | $24,836,264 | XML |
| 990 | December 2024 | $1,146,512 | $904,345 | $22,921,808 | XML |
| 990 | December 2023 | $1,038,852 | $951,091 | $23,442,663 | XML |
| 990 | December 2022 | $816,913 | $870,061 | $25,365,173 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 36-2464697).
Questions about ADVANTAGE ONE CREDIT UNION
- What is the EIN of ADVANTAGE ONE CREDIT UNION?
- The employer identification number (EIN) of ADVANTAGE ONE CREDIT UNION is 36-2464697.
- Is ADVANTAGE ONE CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2002.
- Are donations to ADVANTAGE ONE CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ADVANTAGE ONE 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 ADVANTAGE ONE 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 ADVANTAGE ONE 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 ADVANTAGE ONE CREDIT UNION?
- The 990 for the year ended December 31, 2025 names BARBARA WISOWATY.
- Who are the officers and directors of ADVANTAGE ONE CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $83,457 (AMY VENHUIZEN, PRESIDENT/CE).
- How much revenue does ADVANTAGE ONE CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,220,287, expenses of $954,008 and total assets of $24,836,264 at year end.
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