Skip to main content

Nonprofit · EIN 37-0818194

WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION

Tax-exempt · QUINCY, IL 62301

Financials

$572K$304K2021$568K$463K2022$945K$835K2023$1M$923K2024$1M$919K2025
Revenue Expenses · by fiscal year end
Financials of WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,017,740$918,748$98,992$23,033,157$19,221,161$3,811,996
December 31, 2024990$1,029,439$923,392$106,047$22,400,429$18,687,425$3,713,004
December 31, 2023990$945,343$835,011$110,332$22,810,370$19,203,413$3,606,957
December 31, 2022990 (amended)$568,011$463,299$104,712$23,388,287$19,909,280$3,479,007
December 31, 2021990 (amended)$572,124$304,087$268,037$24,776,181$21,401,886$3,374,295
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$816,496
Investment income
$174,369
Other revenue
$26,875

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$66,834
Other salaries and wages
$105,781
Salaries, compensation and benefits (total)
$205,663
Professional fundraising fees
$0
Legal fees
$4,346
Accounting fees
$20,540
Depreciation
$24,241
Program services (functional)
$918,733
Management and general (functional)
$15

Balance sheet and other

Total assets, start of year
$22,400,429
Total assets, end of year
$23,033,157
Total liabilities, end of year
$19,221,161
Net assets, end of year
$3,811,996
Land, buildings and equipment
$121,854
Gross receipts
$1,017,740
Employees
5
Volunteers
13
Year formed
1936
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
THOMAS REYNOLDSTREASURER/PR
Trustee or director, Officer
35$66,834
SHARON AUSMUSCREDIT COMM
Trustee or director
0.5$0
LOU BARTACREDIT COMM
Trustee or director
0.5$0
TRACY BUGHCREDIT COMM.
Trustee or director
0.5$0
CHERYL DREASLERSUPERVISORY
Trustee or director
0.5$0
MELISSSA FANTZMEMBERSHIP C
Trustee or director
0.5$0
NICOLE FINNEYSECRETARY
Trustee or director, Officer
0.5$0
KATHY GERECKECHAIRWOMAN
Trustee or director, Officer
0.5$0
NORA KLINGELECREDIT COMM
Trustee or director
0.5$0
GEORGE MCDONNELLCREDIT COMM
Trustee or director
0.5$0
JENNIFER SCOTTCHAIRWOMAN
Trustee or director, Officer
0.5$0
GINA WHELANEXEC COMM
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
AMANDA SPARKSTREASURER
Trustee or director, Officer
35$34,408
THOMAS REYNOLDSTREASURER/PR
Trustee or director, Officer
35$5,416
SHARON AUSMUSCREDIT COMM
Trustee or director
0.5$0
TRACY BUGHCREDIT COMM.
Trustee or director
0.5$0
CHERYL DREASLERSUPERVISORY
Trustee or director
0.5$0
MELISSSA FANTZMEMBERSHIP C
Trustee or director
0.5$0
NICOLE FINNEYSECRETARY
Trustee or director, Officer
0.5$0
BRAD FUNKENBUSCHSUPERVISORY
Trustee or director
0.5$0
KATHY GERECKECHAIRWOMAN
Trustee or director, Officer
0.5$0
NORA KLINGELECREDIT COMM
Trustee or director
0.5$0
GEORGE MCDONNELLCREDIT COMM
Trustee or director
0.5$0
LINDA SCHREACKECREDIT COMM
Trustee or director
0.5$0
JENNIFER SCOTTVICE CHAIRWO
Trustee or director, Officer
0.5$0
GINA WHELANEXEC COMM
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
KATHRYN COXPRES/TREAS
Trustee or director, Officer
35$75,214
SHARON AUSMUSCREDIT COMM
Trustee or director
0.5$0
JOSHUA BRUECKMEMBERSHIP C
Trustee or director
0.5$0
TRACY BUGHCREDIT COMM.
Trustee or director
0.5$0
CHERYL DREASLERSUPERVISORY
Trustee or director
0.5$0
NICOLE FINNEYSECRETARY
Trustee or director, Officer
0.5$0
SHELLEY FLESNERCHAIR CREDIT
Trustee or director, Officer
–$0
BRAD FUNKENBUSCHSUPERVISORY
Trustee or director
0.5$0
KATHY GERECKESUPERVISORY
Trustee or director
0.5$0
GEORGE MCDONNELLCREDIT COMM
Trustee or director
0.5$0
JENNIFER SCOTTVICE CHAIRWO
Trustee or director, Officer
0.5$0
AMANDA SPARKSPRESIDENT
Trustee or director, Officer
35$0
KRISTA TENHOUSECREDIT COMM.
Trustee or director
0.5$0
GINA WHELANCREDIT COMM.
Trustee or director
0.5$0
990 for the year ended December 31, 2022: 13 people
NameTitleHours / weekCompensation
KATHRYN COXPRES/TREAS
Trustee or director, Officer
35$80,938
SHARON AUSMUSCREDIT COMM
Trustee or director
0.5$0
DAVID BUCKLEYMEMBERSHIP C
Trustee or director
0.5$0
TRACY BUGHCREDIT COMM.
Trustee or director
0.5$0
CHERYL DREASLERSUPERVISORY
Trustee or director
0.5$0
NICOLE FINNEYSECRETARY
Trustee or director, Officer
0.5$0
SHELLEY FLESNERVICE CHARWOM
Trustee or director, Officer
0.5$0
BRAD FUNKENBUSCHSUPERVISORY
Trustee or director
0.5$0
KATHY GERECKESUPERVISORY
Trustee or director
0.5$0
GEORGE MCDONNELLCREDIT COMM
Trustee or director
0.5$0
JENNIFER SCOTTCHAIRWOMAN
Trustee or director, Officer
0.5$0
KRISTA TENHOUSECREDIT COMM.
Trustee or director
0.5$0
GINA WHELANCREDIT COMM.
Trustee or director
0.5$0
990 for the year ended December 31, 2021: 13 people
NameTitleHours / weekCompensationOther / benefits
KATHRYN COXPRES/TREAS
Trustee or director, Officer
35$74,443$7,401
SHARON AUSMUSCREDIT COMM
Trustee or director
0.5$0$0
DAVID BUCKLEYCREDIT COMM.
Trustee or director
0.5$0$0
CHERYL DREASLERSUPERVISORY
Trustee or director
0.5$0$0
NICOLE FINNEYMEMBERSHIP C
Trustee or director
0.5$0$0
SHELLEY FLESNERCREDIT COMM.
Trustee or director
0.5$0$0
BRAD FUNKENBUSCHSUPERVISORY
Trustee or director
0.5$0$0
KATHY GERECKECHAIRWOMAN
Trustee or director, Officer
0.5$0$0
BEVERLY LANDISSECRETARY
Trustee or director, Officer
0.5$0$0
GEORGE MCDONNELLCREDIT COMM
Trustee or director
0.5$0$0
JENNIFER SCOTTVICE CHAIRWO
Trustee or director, Officer
0.5$0$0
CATHY STEPHENSSUPERVISORY
Trustee or director
1$0$0
GINA WHELANCREDIT COMM.
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1416 MAINE ST, QUINCY, IL 62301-4261
Principal officer (990 for 2025)
THOMAS REYNOLDS
Signed the 990
THOMAS REYNOLDS, TREASURER/PRESIDENT
Phone
(217) 224-2091
Return prepared by
ARNOLD BEHRENS NESBIT GRAY PC

Mission

TO PROVIDE HIGH-QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS AND ENHANCE THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDES FINANCIAL AND FINANCIALLY-RELATED SERVICES TO 1,672 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2025, THERE WERE 1,104 LOANS OUTSTANDING TOTALING 16,452,488. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALED 506,149 FOR THE YEAR.
    Expenses $918,733 · revenue $816,496

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
37-0818194
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)
$23,033,157
Income (IRS master file)
$1,017,740

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,017,740$918,748$23,033,157IRS
990December 2024$1,029,439$923,392$22,400,429IRS
990December 2023$945,343$835,011$22,810,370XML
990December 2022$568,011$463,299$23,388,287XML
990December 2021$572,124$304,087$24,776,181XML
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 37-0818194).

Questions about WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION

What is the EIN of WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION?
The employer identification number (EIN) of WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION is 37-0818194.
Is WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1936.
Are donations to WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WESTERN ILLINOIS SCHOOL EMPLOYEES 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 WESTERN ILLINOIS SCHOOL EMPLOYEES 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 WESTERN ILLINOIS SCHOOL EMPLOYEES 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 WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2025 names THOMAS REYNOLDS.
Who are the officers and directors of WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $66,834 (THOMAS REYNOLDS, TREASURER/PR).
How much revenue does WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,017,740, expenses of $918,748 and total assets of $23,033,157 at year end.

Other nonprofits in QUINCY

All nonprofits in QUINCY · Illinois