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Nonprofit · EIN 36-3668497

EDER FINANCIAL INC

Tax-exempt · ELGIN, IL 60120

Financials

$30.1M$34.7M2023$74.6M$189.5M2024
Revenue Expenses · by fiscal year end
Financials of EDER FINANCIAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$74,597,829$189,503,435-$114,905,606$340,635,670$24,297,185$316,338,485
December 31, 2023990$30,148,331$34,680,303-$4,531,972$485,746,770$39,112,682$446,634,088
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,382
Program service revenue
$11,366,351
Investment income
$61,916,599
Net gain from sales of assets
$49,135,557
Other revenue
$1,310,497

Expenses

Grants and similar amounts paid
$353,396
Benefits paid to members
$180,700,710
Compensation of officers, directors and key employees
$834,789
Other salaries and wages
$2,055,282
Salaries, compensation and benefits (total)
$4,037,878
Professional fundraising fees
$0
Legal fees
$298,969
Accounting fees
$66,947
Occupancy
$48,436
Travel
$172,750
Depreciation
$23,933
Program services (functional)
$185,938,089
Management and general (functional)
$3,315,282
Fundraising (functional)
$250,064

Balance sheet and other

Total assets, start of year
$485,746,770
Total assets, end of year
$340,635,670
Total liabilities, end of year
$24,297,185
Net assets, end of year
$316,338,485
Land, buildings and equipment
$40,823
Publicly traded securities
$252,179,457
Net assets without donor restrictions
$316,338,485
Gross receipts
$1,369,159,279
Employees
33
Volunteers
13
Year formed
1989
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NEVIN DULABAUMPRESIDENT
Officer
28$209,134$76,573
JOHN MCGOUGHCFO/VP OF INVESTMENTS
Officer
24$142,632$70,670
MICHELLE KILBOURNEVP OF INTERNAL CAPABILITIES
Officer
36$118,626$55,191
GERMAN GONGORAINFORMATION TECHNOLOGY DIR
Highest-paid employee
20$112,521$54,106
LYNNAE RODEFFERVP OF PRODUCTS/SERVICES
Officer
28$126,949$35,012
KEVIN BOYERBOARD MEMBER
Trustee or director
0.33$0$0
SARA DAVISBOARD MEMBER
Trustee or director
0.33$0$0
JAN FAHSBOARD MEMBER
Trustee or director
0.33$0$0
KATHERINE HAFFBOARD MEMBER
Trustee or director
0.33$0$0
DONNA RHODESCHAIR - NEW
Trustee or director, Officer
0.33$0$0
RUSS MATTESONBOARD MEMBER
Trustee or director
0.33$0$0
AUDREY MYERBOARD MEMBER
Trustee or director
0.33$0$0
JERRY PATTERSONBOARD MEMBER
Trustee or director
0.33$0$0
WAYNE SCOTTVICE CHAIR
Trustee or director, Officer
0.33$0$0
DAVID SHISSLERBOARD MEMBER - NEW / CHAIR - PAST
Trustee or director, Officer
0.33$0$0
3 more people on this return
NameTitleHours / weekCompensation
RANDY YODERBOARD MEMBER
Trustee or director
0.33$0
EUNICE CULPBOARD MEMBER
Trustee or director
0.33$0
DENNIS KINGERYBOARD MEMBER
Trustee or director
0.33$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
NEVIN DULABAUMPRESIDENT
Officer
28$201,234$71,987
JOHN MCGOUGHCFO/VP OF INVESTMENTS
Officer
24$138,735$64,324
MICHELLE KILBOURNEVP OF INTERNAL CAPABILITIES
Officer
36$109,445$52,212
GERMAN GONGORAINFORMATION TECHNOLOGY DIRECTOR
Highest-paid employee
20$107,514$50,754
LYNNAE RODEFFERVP OF PRODUCTS/SERVICES
Officer
28$122,693$31,967
KEVIN BOYERBOARD MEMBER
Trustee or director
0.33$0$0
SARA DAVISBOARD MEMBER
Trustee or director
0.33$0$0
JAN FAHSBOARD MEMBER
Trustee or director
0.33$0$0
KATHERINE HAFFBOARD MEMBER
Trustee or director
0.33$0$0
DONNA MARCHBOARD MEMBER - PAST
Trustee or director
1$0$0
RUSS MATTESONBOARD MEMBER
Trustee or director
0.33$0$0
AUDREY MYERBOARD MEMBER
Trustee or director
0.33$0$0
JERRY PATTERSONBOARD MEMBER
Trustee or director
0.33$0$0
DONNA RHODESCHAIR - PAST
Trustee or director
1$0$0
WAYNE SCOTTVICE CHAIR
Trustee or director
0.33$0$0
DAVID SHISSLERCHAIR - NEW / BOARD MEMBER - PAST
Trustee or director
0.33$0$0
RANDY YODERBOARD MEMBER
Trustee or director
0.33$0$0
EUNICE CULPBOARD MEMBER - NEW
Trustee or director
0.33$0$0
DENNIS KINGERYBOARD MEMBER - NEW
Trustee or director
0.33$0$0

Address and contacts

Address (IRS master file)
1505 DUNDEE AVE, ELGIN, IL 60120-1605
Principal officer (990 for 2024)
NEVIN DULABAUM, 1505 DUNDEE AVENUE, ELGIN, IL 60120
Signed the 990
JOHN MCGOUGH, CHIEF FINANCIAL OFFICER
Phone
(847) 695-0200
Return prepared by
LEGACY PROFESSIONALS LLP

Mission

EDER FINANCIAL, INC. HAS A STATED PURPOSE TO SUPPORT THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING PROGRAMS THAT PROVIDE RETIREMENT AND MEDICAL BENEFITS TO MINISTERS, MISSIONARIES AND LAY EMPLOYEES OF CERTAIN CHURCHES AND CHURCH RELATED AGENCIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES RETIREMENT BENEFITS FOR ORDAINED AND LAY PASTORS AND CHURCH WORKERS, AND EMPLOYEES OF CONGREGATIONS, DISTRICTS, CAMPS, AGENCIES, AND AFFILIATED ORGANIZATIONS OF THE CHURCH OF THE BRETHREN AND OF OTHER LIKE-MINDED DENOMINATIONS AND GROUPS.
    Expenses $180,489,274 · revenue $6,895,955
  • PROVIDE MEDICAL, DENTAL, VISION, LONG TERM DISABILITY AND LIFE INSURANCE TO ORDAINED AND LAY PASTORS AND EMPLOYEES OF CONGREGATIONS, DISTRICTS, CAMPS, AGENCIES, AND AFFILIATED ORGANIZATIONS OF THE CHURCH OF THE BRETHREN AND OF OTHER LIKE-MINDED DENOMINATIONS AND GROUPS.
    Expenses $5,095,419 · revenue $4,310,965
  • CHURCH WORKERS ASSISTANCE PLAN - PROVIDES FINANCIAL AID AND EMERGENCY ASSISTANCE TO CHURCH OF THE BRETHREN PASTORS AND EMPLOYEES OF CONGREGATIONS, DISTRICTS, AND CAMPS WHO MEET TENURE REQUIREMENTS.
    Expenses $353,396 · grants $353,396 · revenue $159,431

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3668497
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$340,635,670
Income (IRS master file)
$1,369,159,279

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$74,597,829$189,503,435$340,635,670IRS
990December 2023$30,148,331$34,680,303$485,746,770XML
990December 2022$33,092,663$45,149,511$407,342,243IRS
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 36-3668497).

Questions about EDER FINANCIAL INC

What is the EIN of EDER FINANCIAL INC?
The employer identification number (EIN) of EDER FINANCIAL INC is 36-3668497.
Is EDER FINANCIAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Which annual return does EDER FINANCIAL INC 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 EDER FINANCIAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDER FINANCIAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EDER FINANCIAL INC?
The 990 for the year ended December 31, 2024 names NEVIN DULABAUM.
Who are the officers and directors of EDER FINANCIAL INC?
The 990 for the year ended December 31, 2024 lists 18 people; 5 received compensation from the organization, the highest $209,134 (NEVIN DULABAUM, PRESIDENT).
How much revenue does EDER FINANCIAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $74,597,829, expenses of $189,503,435 and total assets of $340,635,670 at year end.

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