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Nonprofit · EIN 36-6054546

TEE-PAK CREDIT UNION

Tax-exempt · DANVILLE, IL 61832

Financials

$1.4M$1.3M2023$1.4M$1.6M2024$1.6M$1.5M2025
Revenue Expenses · by fiscal year end
Financials of TEE-PAK CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,558,495$1,450,227$108,268$23,299,131$19,465,228$3,833,903
December 31, 2024990$1,438,747$1,649,775-$211,028$25,481,796$21,756,161$3,725,635
December 31, 2023990$1,416,954$1,302,928$114,026$24,559,295$20,622,632$3,936,663
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,142,857
Investment income
$401,985
Other revenue
$13,653

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,692
Other salaries and wages
$292,569
Salaries, compensation and benefits (total)
$416,191
Professional fundraising fees
$0
Accounting fees
$18,000
Occupancy
$79,131
Travel
$14,530
Depreciation
$63,850
Program services (functional)
$1,450,227

Balance sheet and other

Total assets, start of year
$25,481,796
Total assets, end of year
$23,299,131
Total liabilities, end of year
$19,465,228
Net assets, end of year
$3,833,903
Land, buildings and equipment
$623,483
Publicly traded securities
$6,072,719
Gross receipts
$1,558,495
Employees
9
Volunteers
9
Year formed
1949
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
MCKENNA HUGHESMANAGER/CEO
Trustee or director
40$72,692
KEVIN KENNEDYDIRECTOR
Trustee or director
1$0
TERI ATWOODDIRECTOR
Trustee or director
1$0
SHELLY TISONDIRECTOR
Trustee or director
1$0
JACKIE MCCARTERDIRECTOR
Trustee or director
1$0
JIM HUGHESDIRECTOR
Trustee or director
1$0
TROY PEARSONCHAIRMAN
Trustee or director
1$0
MARK NIEDENTHALVICE CHAIR/TREASURER
Trustee or director
1$0
SCOTT MATHISSECRETARY
Trustee or director
1$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
AMBER HAHNMANAGER
Trustee or director
40$93,833$2,822
KEVIN KENNEDYDIRECTOR
Trustee or director
1$0$0
TERI ATWOODDIRECTOR
Trustee or director
1$0$0
SHELLY TISONDIRECTOR
Trustee or director
1$0$0
JACKIE MCCARTERDIRECTOR
Trustee or director
1$0$0
JIM HUGHESDIRECTOR
Trustee or director
1$0$0
TROY PEARSONCHAIRMAN
Trustee or director
1$0$0
MARK NIEDENTHALVICE CHAIR/TREASURER
Trustee or director
1$0$0
SCOTT MATHISSECRETARY
Trustee or director
1$0$0
MCKENNA HUGHESDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
AMBER HAHNMANAGER
Trustee or director
40$77,250$2,295
KEVIN KENNEDYDIRECTOR
Officer
1$0$0
TERI ATWOODDIRECTOR
Trustee or director
1$0$0
SHELLY TISONDIRECTOR
Trustee or director
1$0$0
JACKIE MCCARTERDIRECTOR
Trustee or director
1$0$0
JIM HUGHESDIRECTOR
Trustee or director
1$0$0
TROY PEARSONCHAIRMAN
Trustee or director
1$0$0
MARK NIEDENTHALVICE CHAIR/TREASURER
Trustee or director
1$0$0
SCOTT MATHISSECRETARY
Trustee or director
1$0$0
MCKENNA HUGHESDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3591 N VERMILION ST, DANVILLE, IL 61832-1337
Principal officer (990 for 2025)
McKENNA HUGHES, 3591 N VERMILION ST, DANVILLE, IL 61832
Signed the 990
McKEENA HUGHES, CEO
Phone
(217) 477-4428
Return prepared by
LMHN LTD

Mission

THE CREDIT UNION IS A MEMBER OWNED, NOT-FOR-PROFIT FINANCIAL INSTITUTION COMMITTED TO PROVIDING QUALITY SERVICES AND PROGRAMS TO MEET THE INDIVIDUAL NEEDS OF MEMBERS WHILE PRESERVING THE FINANCIAL STABILITY AND SECURITY OF THE ORGANIZATION.

990 for the year ended December 31, 2025

Program accomplishments

  • Provided consumer lending and receive deposits from the Credit Union Membership. The Credit Union services in excess of 4,000 member share type accounts and approximately 700 in-house loan type accounts, excluding Visa cards.

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
36-6054546
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1950
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,299,131
Income (IRS master file)
$1,558,495

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,558,495$1,450,227$23,299,131IRS
990December 2024$1,438,747$1,649,775$25,481,796IRS
990December 2023$1,416,954$1,302,928$24,559,295XML
990December 2022$1,016,883$1,091,226$22,888,887IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 36-6054546).

Questions about TEE-PAK CREDIT UNION

What is the EIN of TEE-PAK CREDIT UNION?
The employer identification number (EIN) of TEE-PAK CREDIT UNION is 36-6054546.
Is TEE-PAK CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1950.
Are donations to TEE-PAK CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TEE-PAK 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 TEE-PAK 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 TEE-PAK 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 TEE-PAK CREDIT UNION?
The 990 for the year ended December 31, 2025 names McKENNA HUGHES.
Who are the officers and directors of TEE-PAK CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $72,692 (MCKENNA HUGHES, MANAGER/CEO).
How much revenue does TEE-PAK CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,558,495, expenses of $1,450,227 and total assets of $23,299,131 at year end.

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