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Nonprofit · EIN 37-0653843

CENTRAL ILLINOIS CREDIT UNION

Tax-exempt · CHAMPAIGN, IL 61821

Financials

$1.6M$1M2023$1.7M$1.3M2024$1.6M$1.4M2025
Revenue Expenses · by fiscal year end
Financials of CENTRAL ILLINOIS CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,591,360$1,443,696$147,664$24,973,648$21,670,688$3,302,960
December 31, 2024990$1,686,010$1,342,121$343,889$27,156,664$24,001,368$3,155,296
December 31, 2023990$1,581,798$1,032,473$549,325$25,263,230$22,451,823$2,811,407
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,052,923
Investment income
$538,437
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$237,018
Other salaries and wages
$253,796
Salaries, compensation and benefits (total)
$563,601
Professional fundraising fees
$0
Accounting fees
$21,624
Occupancy
$40,738
Depreciation
$19,817

Balance sheet and other

Total assets, start of year
$27,156,664
Total assets, end of year
$24,973,648
Total liabilities, end of year
$21,670,688
Net assets, end of year
$3,302,960
Land, buildings and equipment
$766,649
Publicly traded securities
$1,000,000
Gross receipts
$1,591,360
Employees
9
Volunteers
9
Year formed
1948
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
CHELSEA R ANDERSONPRESIDENT
Officer
40$123,065
JERRICA E GALLEGOSVICE-PRESIDENT
Officer
40$85,580
CHERI SCOTTBOARD CHAIR
Trustee or director
1$0
JEFF MORTONBOARD VICE-CHAIR
Trustee or director
1$0
KURT KENNENBOARD TREASURER
Trustee or director
1$0
ANTHONY SMITHSECRETARY
Trustee or director
1$0
KRISTIN BLACKWELLDIRECTOR
Trustee or director
1$0
KOREN GLADNEYDIRECTOR
Trustee or director
1$0
BETH VISELDIRECTOR
Trustee or director
1$0
RUSS NORTHRUPDIRECTOR
Trustee or director
1$0
KAYLYN ROGERSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
CHELSEA R ANDERSONPRESIDENT
Officer
40$124,288$8,303
JERRICA E GALLEGOSVICE-PRESIDENT
Officer
40$88,944$1,980
CHERI SCOTTBOARD CHAIR
Trustee or director
1$0$0
JEFF MORTONBOARD VICE-CHAIR
Trustee or director
1$0$0
KURT KENNENBOARD TREASURER
Trustee or director
1$0$0
ANTHONY SMITHSECRETARY
Trustee or director
1$0$0
KRISTIN BLACKWELLDIRECTOR
Trustee or director
1$0$0
KOREN GLADNEYDIRECTOR
Trustee or director
1$0$0
BETH VISELDIRECTOR
Trustee or director
1$0$0
RUSS NORTHRUPDIRECTOR
Trustee or director
1$0$0
MARSHA SILVERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
CHELSEA R ANDERSONPRESIDENT
Officer
40$108,155$8,338
JERRICA E GALLEGOSVICE-PRESIDENT
Officer
40$74,235$6,577
CHERI SCOTTBOARD CHAIR
Trustee or director
1$0$0
JEFF MORTONBOARD VICE-CHAIR
Trustee or director
1$0$0
KURT KENNENBOARD TREASURER
Trustee or director
1$0$0
ANTHONY SMITHSECRETARY
Trustee or director
1$0$0
KRISTIN BLACKWELLDIRECTOR
Trustee or director
1$0$0
KOREN GLADNEYDIRECTOR
Trustee or director
1$0$0
BETH VISELDIRECTOR
Trustee or director
1$0$0
RUSS NORTHRUPDIRECTOR
Trustee or director
1$0$0
MARSHA SILVERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2106 W JOHN ST, CHAMPAIGN, IL 61821-3612
Principal officer (990 for 2025)
CHELSEA ANDERSON, 2106 W JOHN ST, CHAMPAIGN, IL 61821
Signed the 990
CHELSEA R ANDERSON, PRESIDENT
Phone
(217) 356-9721
Return prepared by
LMHN LTD

Mission

THE CREDIT UNIONS PURPOSE IS TO PROVIDE ITS MEMBERSHIP A FULL RANGE OF QUALITY FINANCIAL SERVICES AT COMPETITIVE RATES. WE ARE COMMITTED TO MEMBER SERVICE IN A FRIENDLY ATMOSPHERE, LONG-TERM FINANCIAL STABILITY, PROMOTION OF THRIFT, AND INVOLVEMENT IN OUR COMMUNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDED CONSUMER LENDING AND RECEIVED DEPOSITS FROM THE MEMBERSHIP. THE CREDIT UNION SERVICES IN EXCESS OF 5,900 MEMBER SHARE-TYPE ACCOUNTS AND 1,400 LOAN ACCOUNTS, INCLUDING 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
37-0653843
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1949
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,973,648
Income (IRS master file)
$1,591,360

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,591,360$1,443,696$24,973,648IRS
990December 2024$1,686,010$1,342,121$27,156,664IRS
990December 2023$1,581,798$1,032,473$25,263,230XML
990December 2022$1,235,468$1,019,001$25,024,351IRS
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 37-0653843).

Questions about CENTRAL ILLINOIS CREDIT UNION

What is the EIN of CENTRAL ILLINOIS CREDIT UNION?
The employer identification number (EIN) of CENTRAL ILLINOIS CREDIT UNION is 37-0653843.
Is CENTRAL ILLINOIS CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1949.
Are donations to CENTRAL ILLINOIS CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL ILLINOIS 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 CENTRAL ILLINOIS 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 CENTRAL ILLINOIS 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 CENTRAL ILLINOIS CREDIT UNION?
The 990 for the year ended December 31, 2025 names CHELSEA ANDERSON.
Who are the officers and directors of CENTRAL ILLINOIS CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $123,065 (CHELSEA R ANDERSON, PRESIDENT).
How much revenue does CENTRAL ILLINOIS CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,591,360, expenses of $1,443,696 and total assets of $24,973,648 at year end.

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