Nonprofit · EIN 44-0623480
MULTIPLI FEDERAL CREDIT UNION
Tax-exempt · JEFFERSON CTY, MO 65109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $29,456,576 | $24,898,890 | $4,557,686 | $508,385,975 | $464,428,470 | $43,957,505 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $391,883
- of which government grants
- $391,883
- Program service revenue
- $26,962,773
- Investment income
- $2,069,609
- Royalties
- $32,311
- Other revenue
- $32,311
Expenses
- Grants and similar amounts paid
- $32,000
- Compensation of officers, directors and key employees
- $2,441,685
- Other salaries and wages
- $4,131,317
- Salaries, compensation and benefits (total)
- $7,841,299
- Professional fundraising fees
- $0
- Legal fees
- $37,804
- Accounting fees
- $87,326
- Occupancy
- $394,820
- Travel
- $105,760
- Depreciation
- $781,401
Balance sheet and other
- Total assets, start of year
- $454,310,727
- Total assets, end of year
- $508,385,975
- Total liabilities, end of year
- $464,428,470
- Net assets, end of year
- $43,957,505
- Land, buildings and equipment
- $17,072,285
- Gross unrelated business income
- $80,294
- Gross receipts
- $29,456,576
- Employees
- 108
- Volunteers
- 14
- Year formed
- 1954
- State of legal domicile
- MO
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD NICHOLS | PRESIDENT/CEO Officer | 40 | $558,745 | $233,302 |
| GALEN WILHOIT | EVP/CHIEF FINANCIAL OFFICER Officer | 40 | $245,285 | $35,392 |
| LOUIE DELK | CHIEF MEMBER EXPERIENCE OFFICER Officer | 40 | $197,989 | $47,441 |
| WILL LEMEN | DEALER SERVICES MANAGER Highest-paid employee | 40 | $147,874 | $33,085 |
| LISA WOLKEN | VP-REAL ESTATE LOAN ORIGINATION Officer | 40 | $153,382 | $24,722 |
| CRAIG DUNN | VP-REAL ESTATE LENDING Officer | 40 | $161,488 | $9,409 |
| JD MOORE | VP-INFORMATION TECHNOLOGY Officer | 40 | $137,695 | $23,090 |
| DONNA TOEBBEN | VP-HUMAN RESOURCES Officer | 40 | $106,149 | $24,261 |
| DAVE MILLER | VP-RESIDENTIAL LENDING Officer | 40 | $108,246 | $20,121 |
| CHAD KUESTER | VP-SPECIALIZED LENDING Officer | 40 | $102,708 | $20,180 |
| ANGE DAIPRAI | VP-OPERATIONS Officer | 40 | $94,242 | $27,399 |
| DANA ALDERMAN | VP-BUSINESS DEVELOPMENT Officer | 40 | $89,983 | $20,456 |
| KEVIN ROBINSON | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| ALLEN FLOYD | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| JERRY FERGUSON | SECRETARY Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVE WILLIAMS | TREASURER Trustee or director | 1 | $0 |
| CHRIS LEUCKEL | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM BORENGASSER | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD COFFEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANNA SILVESTER | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM BUSCH | BOARD MEMBER Trustee or director | 1 | $0 |
| MARTHA NEWMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT THIERET | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3124 W EDGEWOOD DR, JEFFERSON CTY, MO 65109-6865
- Principal officer (990 for 2023)
- RICHARD NICHOLS, 3124 WEST EDGEWOOD DRIVE, JEFFERSON CITY, MO 651096865
- Signed the 990
- RICHARD NICHOLS, PRESIDENT/CEO
- Phone
- (573) 635-4185
- Website
- WWW.RRCU.ORG
- Return prepared by
- J TENBRINK & ASSOCIATES
Mission
TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.
Program accomplishments
- PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 30,589 MEMBERS.
- PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2023, THERE WERE 23,826 LOANS OUTSTANDING TOTALING $396,456,697.
- PAID DIVIDENDS ON DEPOSITS TOTALING $8,162,758 FOR THE YEAR.
What it must file and when
IRS records say it files Not required (government). 501(c)(1) organizations do not file. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 44-0623480
- Tax-exempt status
- 501(c)(1): Corporation organized under an act of Congress
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Not required (government)
- Assets (IRS master file)
- $508,385,975
- Income (IRS master file)
- $29,456,576
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $29,456,576 | $24,898,890 | $508,385,975 | XML |
| 990 | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 44-0623480).
Questions about MULTIPLI FEDERAL CREDIT UNION
- What is the EIN of MULTIPLI FEDERAL CREDIT UNION?
- The employer identification number (EIN) of MULTIPLI FEDERAL CREDIT UNION is 44-0623480.
- Is MULTIPLI FEDERAL CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(1) since 2025.
- Which annual return does MULTIPLI FEDERAL CREDIT UNION file?
- Form Not required (government). 501(c)(1) organizations do not file.
- When is the next return of MULTIPLI FEDERAL CREDIT UNION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MULTIPLI FEDERAL CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of MULTIPLI FEDERAL CREDIT UNION?
- The 990 for the year ended December 31, 2023 names RICHARD NICHOLS.
- Who are the officers and directors of MULTIPLI FEDERAL CREDIT UNION?
- The 990 for the year ended December 31, 2023 lists 23 people; 12 received compensation from the organization, the highest $558,745 (RICHARD NICHOLS, PRESIDENT/CEO).
- How much revenue does MULTIPLI FEDERAL CREDIT UNION have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $29,456,576, expenses of $24,898,890 and total assets of $508,385,975 at year end.
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