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Nonprofit · EIN 37-0771458

ILLINOIS EDUCATORS CREDIT UNION

Tax-exempt · SPRINGFIELD, IL 62704

Financials

$5.7M$4.9M2023$6.5M$5.8M2024$7.3M$6.6M2025
Revenue Expenses · by fiscal year end
Financials of ILLINOIS EDUCATORS CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$7,332,940$6,555,567$777,373$120,028,071$107,432,127$12,595,944
December 31, 2024990$6,471,024$5,796,688$674,336$100,738,030$88,939,099$11,798,931
December 31, 2023990$5,723,602$4,901,421$822,181$102,087,604$90,953,244$11,134,360
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$34,407
of which government grants
$34,407
Program service revenue
$6,433,150
Investment income
$749,478
Net rental income
$13,500
Net gain from sales of assets
-$3,954
Other revenue
$115,905

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$278,725
Other salaries and wages
$1,224,940
Salaries, compensation and benefits (total)
$1,754,318
Professional fundraising fees
$0
Legal fees
$11,253
Accounting fees
$22,982
Occupancy
$277,295
Travel
$13,306
Depreciation
$152,805

Balance sheet and other

Total assets, start of year
$100,738,030
Total assets, end of year
$120,028,071
Total liabilities, end of year
$107,432,127
Net assets, end of year
$12,595,944
Land, buildings and equipment
$2,376,310
Publicly traded securities
$13,716,260
Gross receipts
$7,336,894
Employees
39
Volunteers
11
Year formed
1938
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
Jody DabrowskiCEO
Officer, Highest-paid employee
50$268,771$9,954
Dane HolmesVP of Finance
Highest-paid employee
50$145,128$11,924
Allison HetzlerVP of Operations
Highest-paid employee
50$110,286$4,121
Gaspare GallinaFormer Executive VP
Officer, Highest-paid employee
40$39,211$2,915
Tiffany WilliamsDirector
Trustee or director, Officer
1$0$0
John MeyerBoard Chair
Trustee or director, Officer
1$0$0
Rich EgglestonDirector
Trustee or director, Officer
1$0$0
James KorteVice Chair
Trustee or director, Officer
1$0$0
Sandi DavinDirector
Trustee or director
1$0$0
Laura JordanSecretary
Trustee or director
1$0$0
Cinda KlicknaTreasurer
Trustee or director
1$0$0
Rob MeagherDirector
Trustee or director
1$0$0
Greg StockDirector
Trustee or director
1$0$0
Jeff VoseDirector
Trustee or director
1$0$0
Richard BowenDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
Jody DabrowskiCEO
Officer, Highest-paid employee
50$271,042$11,117
Dane HolmesController
Highest-paid employee
50$137,082$11,495
Gaspare GallinaExecutive VP
Officer, Highest-paid employee
40$126,407$13,014
Tiffany WilliamsChairman
Trustee or director, Officer
1$0$0
John MeyerVice Chair
Trustee or director, Officer
1$0$0
Rich EgglestonTreasurer
Trustee or director, Officer
1$0$0
James KorteSecretary
Trustee or director, Officer
1$0$0
Sandi DavinDirector
Trustee or director
1$0$0
Laura JordanDirector
Trustee or director
1$0$0
Cinda KlicknaDirector
Trustee or director
1$0$0
Rob MeagherDirector
Trustee or director
1$0$0
Greg StockDirector
Trustee or director
1$0$0
Jeff VoseDirector
Trustee or director
1$0$0
Richard BowenDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
Jody DabrowskiCEO
Officer
40$249,123$10,370
Paul GaumerCOO - Former
Officer
40$45,589$3,679
Richard BowenDirector
Trustee or director
1$0$0
Tiffany WilliamsChairman
Trustee or director, Officer
1$0$0
John MeyerVice Chair
Trustee or director, Officer
1$0$0
Rich EgglestonTreasurer
Trustee or director, Officer
1$0$0
James KorteSecretary
Trustee or director, Officer
1$0$0
Sandi DavinDirector
Trustee or director
1$0$0
Laura JordanDirector
Trustee or director
1$0$0
Cinda KlicknaDirector
Trustee or director
1$0$0
Rob MeagherDirector
Trustee or director
1$0$0
Greg StockDirector
Trustee or director
1$0$0
Jeff VoseDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3101 MONTVALE DR, SPRINGFIELD, IL 62704-4260
In care of
% JODY DABROWSKI
Principal officer (990 for 2025)
Jody Dabrowski, 3101 MONTVALE DR, SPRINGFIELD, IL 627044260
Signed the 990
Dane Holmes, Vice President of Finance
Phone
(217) 528-2642

Mission

The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership.

990 for the year ended December 31, 2025

Program accomplishments

  • The Credit Union has various types of deposit accounts for its members. As of 12 31 2025 10,173 members.0
  • The Credit Union has several types of loan programs available for its members. The Credit Union funded 2,432 new loans during 2025. As of 12 31 2025 the Credit Union had 6,624 outstanding to its members.0

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
37-0771458
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$120,028,071
Income (IRS master file)
$7,336,894

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$7,332,940$6,555,567$120,028,071XML
990December 2024$6,471,024$5,796,688$100,738,030IRS
990December 2023$5,723,602$4,901,421$102,087,604XML
990December 2022$5,097,247$3,516,595$100,277,471IRS
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 37-0771458).

Questions about ILLINOIS EDUCATORS CREDIT UNION

What is the EIN of ILLINOIS EDUCATORS CREDIT UNION?
The employer identification number (EIN) of ILLINOIS EDUCATORS CREDIT UNION is 37-0771458.
Is ILLINOIS EDUCATORS CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1942.
Are donations to ILLINOIS EDUCATORS CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINOIS EDUCATORS 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 ILLINOIS EDUCATORS 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 ILLINOIS EDUCATORS 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 ILLINOIS EDUCATORS CREDIT UNION?
The 990 for the year ended December 31, 2025 names Jody Dabrowski.
Who are the officers and directors of ILLINOIS EDUCATORS CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 15 people; 4 received compensation from the organization, the highest $268,771 (Jody Dabrowski, CEO).
How much revenue does ILLINOIS EDUCATORS CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $7,332,940, expenses of $6,555,567 and total assets of $120,028,071 at year end.

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