Nonprofit · EIN 37-0818194
WESTERN ILLINOIS SCHOOL EMPLOYEES CREDIT UNION
Tax-exempt · QUINCY, IL 62301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,017,740 | $918,748 | $98,992 | $23,033,157 | $19,221,161 | $3,811,996 |
| December 31, 2024 | 990 | $1,029,439 | $923,392 | $106,047 | $22,400,429 | $18,687,425 | $3,713,004 |
| December 31, 2023 | 990 | $945,343 | $835,011 | $110,332 | $22,810,370 | $19,203,413 | $3,606,957 |
| December 31, 2022 | 990 (amended) | $568,011 | $463,299 | $104,712 | $23,388,287 | $19,909,280 | $3,479,007 |
| December 31, 2021 | 990 (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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS REYNOLDS | TREASURER/PR Trustee or director, Officer | 35 | $66,834 |
| SHARON AUSMUS | CREDIT COMM Trustee or director | 0.5 | $0 |
| LOU BARTA | CREDIT COMM Trustee or director | 0.5 | $0 |
| TRACY BUGH | CREDIT COMM. Trustee or director | 0.5 | $0 |
| CHERYL DREASLER | SUPERVISORY Trustee or director | 0.5 | $0 |
| MELISSSA FANTZ | MEMBERSHIP C Trustee or director | 0.5 | $0 |
| NICOLE FINNEY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| KATHY GERECKE | CHAIRWOMAN Trustee or director, Officer | 0.5 | $0 |
| NORA KLINGELE | CREDIT COMM Trustee or director | 0.5 | $0 |
| GEORGE MCDONNELL | CREDIT COMM Trustee or director | 0.5 | $0 |
| JENNIFER SCOTT | CHAIRWOMAN Trustee or director, Officer | 0.5 | $0 |
| GINA WHELAN | EXEC COMM Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMANDA SPARKS | TREASURER Trustee or director, Officer | 35 | $34,408 |
| THOMAS REYNOLDS | TREASURER/PR Trustee or director, Officer | 35 | $5,416 |
| SHARON AUSMUS | CREDIT COMM Trustee or director | 0.5 | $0 |
| TRACY BUGH | CREDIT COMM. Trustee or director | 0.5 | $0 |
| CHERYL DREASLER | SUPERVISORY Trustee or director | 0.5 | $0 |
| MELISSSA FANTZ | MEMBERSHIP C Trustee or director | 0.5 | $0 |
| NICOLE FINNEY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| BRAD FUNKENBUSCH | SUPERVISORY Trustee or director | 0.5 | $0 |
| KATHY GERECKE | CHAIRWOMAN Trustee or director, Officer | 0.5 | $0 |
| NORA KLINGELE | CREDIT COMM Trustee or director | 0.5 | $0 |
| GEORGE MCDONNELL | CREDIT COMM Trustee or director | 0.5 | $0 |
| LINDA SCHREACKE | CREDIT COMM Trustee or director | 0.5 | $0 |
| JENNIFER SCOTT | VICE CHAIRWO Trustee or director, Officer | 0.5 | $0 |
| GINA WHELAN | EXEC COMM Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN COX | PRES/TREAS Trustee or director, Officer | 35 | $75,214 |
| SHARON AUSMUS | CREDIT COMM Trustee or director | 0.5 | $0 |
| JOSHUA BRUECK | MEMBERSHIP C Trustee or director | 0.5 | $0 |
| TRACY BUGH | CREDIT COMM. Trustee or director | 0.5 | $0 |
| CHERYL DREASLER | SUPERVISORY Trustee or director | 0.5 | $0 |
| NICOLE FINNEY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| SHELLEY FLESNER | CHAIR CREDIT Trustee or director, Officer | – | $0 |
| BRAD FUNKENBUSCH | SUPERVISORY Trustee or director | 0.5 | $0 |
| KATHY GERECKE | SUPERVISORY Trustee or director | 0.5 | $0 |
| GEORGE MCDONNELL | CREDIT COMM Trustee or director | 0.5 | $0 |
| JENNIFER SCOTT | VICE CHAIRWO Trustee or director, Officer | 0.5 | $0 |
| AMANDA SPARKS | PRESIDENT Trustee or director, Officer | 35 | $0 |
| KRISTA TENHOUSE | CREDIT COMM. Trustee or director | 0.5 | $0 |
| GINA WHELAN | CREDIT COMM. Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2022: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN COX | PRES/TREAS Trustee or director, Officer | 35 | $80,938 |
| SHARON AUSMUS | CREDIT COMM Trustee or director | 0.5 | $0 |
| DAVID BUCKLEY | MEMBERSHIP C Trustee or director | 0.5 | $0 |
| TRACY BUGH | CREDIT COMM. Trustee or director | 0.5 | $0 |
| CHERYL DREASLER | SUPERVISORY Trustee or director | 0.5 | $0 |
| NICOLE FINNEY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| SHELLEY FLESNER | VICE CHARWOM Trustee or director, Officer | 0.5 | $0 |
| BRAD FUNKENBUSCH | SUPERVISORY Trustee or director | 0.5 | $0 |
| KATHY GERECKE | SUPERVISORY Trustee or director | 0.5 | $0 |
| GEORGE MCDONNELL | CREDIT COMM Trustee or director | 0.5 | $0 |
| JENNIFER SCOTT | CHAIRWOMAN Trustee or director, Officer | 0.5 | $0 |
| KRISTA TENHOUSE | CREDIT COMM. Trustee or director | 0.5 | $0 |
| GINA WHELAN | CREDIT COMM. Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2021: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHRYN COX | PRES/TREAS Trustee or director, Officer | 35 | $74,443 | $7,401 |
| SHARON AUSMUS | CREDIT COMM Trustee or director | 0.5 | $0 | $0 |
| DAVID BUCKLEY | CREDIT COMM. Trustee or director | 0.5 | $0 | $0 |
| CHERYL DREASLER | SUPERVISORY Trustee or director | 0.5 | $0 | $0 |
| NICOLE FINNEY | MEMBERSHIP C Trustee or director | 0.5 | $0 | $0 |
| SHELLEY FLESNER | CREDIT COMM. Trustee or director | 0.5 | $0 | $0 |
| BRAD FUNKENBUSCH | SUPERVISORY Trustee or director | 0.5 | $0 | $0 |
| KATHY GERECKE | CHAIRWOMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| BEVERLY LANDIS | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| GEORGE MCDONNELL | CREDIT COMM Trustee or director | 0.5 | $0 | $0 |
| JENNIFER SCOTT | VICE CHAIRWO Trustee or director, Officer | 0.5 | $0 | $0 |
| CATHY STEPHENS | SUPERVISORY Trustee or director | 1 | $0 | $0 |
| GINA WHELAN | CREDIT 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
- Website
- WWW.WISECU.COM
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,017,740 | $918,748 | $23,033,157 | IRS |
| 990 | December 2024 | $1,029,439 | $923,392 | $22,400,429 | IRS |
| 990 | December 2023 | $945,343 | $835,011 | $22,810,370 | XML |
| 990 | December 2022 | $568,011 | $463,299 | $23,388,287 | XML |
| 990 | December 2021 | $572,124 | $304,087 | $24,776,181 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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.
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