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Nonprofit · EIN 37-0216685

COOPERATIVE CHOICE NETWORK CREDIT UNION

Tax-exempt · PEORIA, IL 61614

Financials

$7.3M$7.2M2023$8.7M$8.5M2024$10.7M$10M2025
Revenue Expenses · by fiscal year end
Financials of COOPERATIVE CHOICE NETWORK CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$10,741,263$9,992,625$748,638$201,748,995$176,378,570$25,370,425
December 31, 2024990$8,691,075$8,505,156$185,919$195,712,255$171,651,677$24,060,578
December 31, 2023990$7,257,830$7,221,170$36,660$173,821,450$153,486,610$20,334,840
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,010,015
Investment income
$2,624,607
Net rental income
$10,050
Other revenue
$106,641

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$353,179
Other salaries and wages
$1,379,346
Salaries, compensation and benefits (total)
$2,179,282
Professional fundraising fees
$0
Accounting fees
$88,000
Occupancy
$182,118
Depreciation
$173,991

Balance sheet and other

Total assets, start of year
$195,712,255
Total assets, end of year
$201,748,995
Total liabilities, end of year
$176,378,570
Net assets, end of year
$25,370,425
Land, buildings and equipment
$2,388,919
Gross receipts
$10,741,263
Employees
34
Volunteers
11
Year formed
2000
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 / weekCompensationOther / benefits
JOE WEBBPRESIDENT
Officer
40$176,762$31,650
KATIE FEHLCHIEF FINANCIAL OFFICER
Officer
40$128,864$15,904
JOHN MACHENSCHAIRMAN
Trustee or director, Officer
1$0$0
STEPHEN FRIEDMANVICE-CHAIRMAN
Trustee or director, Officer
1$0$0
ALEX PRATHERTREASURER
Trustee or director, Officer
1$0$0
MICHELLE CRAMERSECRETARY
Trustee or director, Officer
1$0$0
DENNIS KOCHSUPERVISORY CHAIR
Trustee or director
1$0$0
ART ROHMANDIRECTOR
Trustee or director
1$0$0
JOHN GERMANDIRECTOR
Trustee or director
1$0$0
JADA WARMICKDIRECTOR
Trustee or director
1$0$0
CHRIS ROEDELLDIRECTOR
Trustee or director
1$0$0
STACY CONNORDIRECTOR
Trustee or director
1$0$0
DANIEL BRIANDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
JOE WEBBPRESIDENT
Officer
40$162,414$28,816
KATIE FEHLCHIEF FINANCIAL OFFICER
Officer
40$117,367$15,503
JOHN MACHENSCHAIRMAN
Trustee or director, Officer
1$0$0
STEPHEN FRIEDMANVICE-CHAIRMAN
Trustee or director, Officer
1$0$0
ALEX PRATHERTREASURER
Trustee or director, Officer
1$0$0
MICHELLE CRAMERSECRETARY
Trustee or director, Officer
1$0$0
DENNIS KOCHSUPERVISORY CHAIR
Trustee or director
1$0$0
ART ROHMANDIRECTOR
Trustee or director
1$0$0
JOHN GERMANDIRECTOR
Trustee or director
1$0$0
JADA WARMICKDIRECTOR
Trustee or director
1$0$0
CHRIS ROEDELLDIRECTOR
Trustee or director
1$0$0
STACY CONNORDIRECTOR
Trustee or director
1$0$0
DANIEL BRIANDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
JOE WEBBPRESIDENT
Officer
40$155,224$5,683
KATIE FEHLCHIEF FINANCIAL OFFICER
Officer
40$109,346$3,281
JOHN MACHENSCHAIRMAN
Trustee or director, Officer
1$0$0
STEPHEN FRIEDMANVICE-CHAIRMAN
Trustee or director, Officer
1$0$0
ALEX PRATHERTREASURER
Trustee or director, Officer
1$0$0
MICHELLE CRAMERSECRETARY
Trustee or director, Officer
1$0$0
DENNIS KOCHSUPERVISORY CHAIR
Trustee or director
1$0$0
STACY CONNORDIRECTOR
Trustee or director
1$0$0
JOHN GERMANDIRECTOR
Trustee or director
1$0$0
LOUIS MCMURRAYDIRECTOR
Trustee or director
1$0$0
CHRIS ROEDELLDIRECTOR
Trustee or director
1$0$0
JADA WARMICKDIRECTOR
Trustee or director
1$0$0
ARTHUR ROHMANDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3919 N UNIVERSITY ST, PEORIA, IL 61614-6938
Principal officer (990 for 2025)
JOE WEBB, 3919 N UNIVERSITY STREET, PEORIA, IL 61614
Signed the 990
JOE WEBB, PRESIDENT
Phone
(309) 672-5230
Return prepared by
SELDEN FOX LTD

Mission

FOCUS ON PERSONAL ATTENTION TO ACHIEVE THE FINANCIAL NEEDS OF EACH MEMBER AND ALLOW THEM TO ACHIEVE THEIR FINANCIAL GOALS.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDED 8,283 CONSUMER AND VISA LOAN ACCOUNTS TO MEMBERS. MAINTAINED DEPOSITS ON 23,251 ACCOUNTS INCLUDING REGULAR SHARE ACCOUNTS, CLUB ACCOUNTS, SHARE DRAFT ACCOUNTS, CHECKING, AND MONEY MARKET ACCOUNTS OF MEMBERS. MAINTAINED 3,050 SHARE CERTIFICATES AND IRA SHARE ACCOUNTS TO MEMBERS. PROVIDED ELECTRONIC DELIVERY OF FINANCIAL SERVICES BY ATM'S, INTERNET HOME BANKING AND VISA DEBIT CARDS.
    Expenses $9,992,625 · revenue $10,731,213

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
37-0216685
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1936
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$201,748,995
Income (IRS master file)
$10,741,263

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$10,741,263$9,992,625$201,748,995XML
990December 2024$8,691,075$8,505,156$195,712,255XML
990December 2023$7,257,830$7,221,170$173,821,450XML
990December 2022$6,257,401$5,768,337$176,449,588IRS
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 37-0216685).

Questions about COOPERATIVE CHOICE NETWORK CREDIT UNION

What is the EIN of COOPERATIVE CHOICE NETWORK CREDIT UNION?
The employer identification number (EIN) of COOPERATIVE CHOICE NETWORK CREDIT UNION is 37-0216685.
Is COOPERATIVE CHOICE NETWORK CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1936.
Are donations to COOPERATIVE CHOICE NETWORK CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COOPERATIVE CHOICE NETWORK 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 COOPERATIVE CHOICE NETWORK 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 COOPERATIVE CHOICE NETWORK 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 COOPERATIVE CHOICE NETWORK CREDIT UNION?
The 990 for the year ended December 31, 2025 names JOE WEBB.
Who are the officers and directors of COOPERATIVE CHOICE NETWORK CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $176,762 (JOE WEBB, PRESIDENT).
How much revenue does COOPERATIVE CHOICE NETWORK CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $10,741,263, expenses of $9,992,625 and total assets of $201,748,995 at year end.

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