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Nonprofit · EIN 48-0615845

MILLENNIUM CORPORATE CREDIT UNION

Tax-exempt · WICHITA, KS 67212

Financials

$65.2M$43.7M2023$83.8M$73M2024$102M$92.1M2025
Revenue Expenses · by fiscal year end
Financials of MILLENNIUM CORPORATE CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$101,951,990$92,062,794$9,889,196$2,108,053,905$7,149,173$2,100,904,732
December 31, 2024990$83,803,137$72,980,439$10,822,698$1,639,527,718$6,883,851$1,632,643,867
December 31, 2023990$65,168,692$43,746,978$21,421,714$1,287,261,055$109,469,307$1,177,791,748
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,044,935
Investment income
$93,907,055
Net gain from sales of assets
$32,594
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$949,083
Other salaries and wages
$3,057,572
Salaries, compensation and benefits (total)
$4,804,191
Professional fundraising fees
$0
Accounting fees
$78,825
Occupancy
$213,130
Travel
$178,871
Depreciation
$268,081

Balance sheet and other

Total assets, start of year
$1,639,527,718
Total assets, end of year
$2,108,053,905
Total liabilities, end of year
$7,149,173
Net assets, end of year
$2,100,904,732
Land, buildings and equipment
$1,357,773
Publicly traded securities
$1,048,856,187
Gross receipts
$107,924,020
Employees
52
Volunteers
20
Year formed
1951
State of legal domicile
KS

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
BRADY H MCLEODFORMER PRESIDENT/CEO
Officer
50$261,202$18,768
WALTER G THOMPSONAIM MANAGER & SENIOR FINAN
Highest-paid employee
50$190,171$33,280
CHRISTOPHER HAGEMANAIM DIRECTOR OF INVESTMENT
Highest-paid employee
50$178,899$25,578
KIP D POEINTERIM PRESIDENT/CEO
Officer
50$167,195$32,208
KENT R GLEASONFORMER PRESIDENT/CEO
Officer
50$150,453$13,354
RACHEL DULANEYAIM DIRECTOR OF ALM
Highest-paid employee
50$139,153$21,547
HEATHER L SEILERINTERIM PRESIDENT/CEO
Officer
50$127,154$30,081
ELIZABETH C NEIGHBORSVP - ACCOUNTING
Officer
50$135,271$13,451
JULIE CHAPINAIM MANAGER & SENIOR FINAN
Highest-paid employee
50$118,708$14,093
GREG WINKLERVICE CHAIRMAN
Trustee or director
3$0$0
TED UNDERWOODSECRETAR
Trustee or director
3$0$0
LARAE KRAEMERDIRECTOR
Trustee or director
3$0$0
JOHN HAGEMANTREASURER
Trustee or director
3$0$0
MICHAEL AUGUSTINECHAIRMAN
Trustee or director
3$0$0
KEVIN STUBBLEFIELDDIRECTOR
Trustee or director
3$0$0
3 more people on this return
NameTitleHours / weekCompensation
DEE SCHRINERDIRECTOR
Trustee or director
3$0
KEVIN BRUESEKEDIRECTOR
Trustee or director
3$0
JAY NEATHERYDIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
KENT R GLEASONPRESIDENT/CEO
Officer
50$261,933$36,636
LARRY D EISENHAUERFORMER OFFICER
Officer
50$205,538$18,326
WALTER G THOMPSONAIM MANAGER & SENIOR FINAN
Highest-paid employee
50$162,004$32,482
BRADY H MCLEODAIM MANAGER & SENIOR FINAN
Highest-paid employee
50$160,527$32,898
CHRISTOPHER HAGEMANAIM DIRECTOR OF INVESTMENT SERVICES
Highest-paid employee
50$155,120$24,813
KIP D POEVP - INFORMATION & TECHNOL
Highest-paid employee
50$144,262$31,849
RACHEL DULANEYAIM DIRECTOR OF ALM
Highest-paid employee
50$109,559$13,667
ELIZABETH C NEIGHBORSVP - ACCOUNTING
Officer
50$107,753$13,128
JULIE CHAPINAIM MANAGER & SENIOR FINAN
Highest-paid employee
50$103,737$13,627
GREG WINKLERCHAIRMAN
Trustee or director
3$0$0
TED UNDERWOODSECRETARY/TREASURER
Trustee or director
3$0$0
LARAE KRAEMERDIRECTOR
Trustee or director
3$0$0
JOHN HAGEMANDIRECTOR
Trustee or director
3$0$0
PHIL WEBERDIRECTOR
Trustee or director
3$0$0
MICHAEL AUGUSTINEVICE CHAIRMAN
Trustee or director
3$0$0
KEVIN STUBBLEFIELDDIRECTOR
Trustee or director
3$0$0
DEE SCHRINERDIRECTOR
Trustee or director
3$0$0
KEVIN BRUESEKEDIRECTOR
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
LARRY D EISENHAUERPRESIDENT/CEO
Officer
50$274,075$34,573
KENT R GLEASONEXECUTIVE VICE PRESIDENT/COO
Officer
50$210,010$44,505
KIP D POEVP - INFORMATION & TECHNOLOGY
Highest-paid employee
50$126,591$41,345
BRADY H MCLEODAIM MANAGER & SENIOR FINANCIAL ANALYST
Highest-paid employee
50$117,673$40,902
WALTER G THOMPSONAIM MANAGER & SENIOR FINANCIAL ANALYST
Highest-paid employee
50$108,200$38,466
KATHLEEN M GRAYCHEIF FINANCIAL OFFICER (RETIRED)
Officer
50$127,955$13,782
LYNETTE M BORNTRAGERDIRECTOR - ITEM PROCESSING
Highest-paid employee
50$101,544$38,259
LYN J HOLLENBECKVP - OPERATIONS
Highest-paid employee
50$110,675$28,443
ELIZABETH C NEIGHBORSVP - ACCOUNTING
Officer
50$90,011$14,624
TOM KJARCHAIRMAN
Trustee or director
3$0$0
GREG WINKLERVICE CHAIRMAN
Trustee or director
3$0$0
TED UNDERWOODSECRETARY/TREASURER
Trustee or director
3$0$0
LARAE KRAEMERDIRECTOR
Trustee or director
3$0$0
JOHN HAGEMANDIRECTOR
Trustee or director
3$0$0
PHIL WEBERDIRECTOR
Trustee or director
3$0$0
LINDA ALLENDIRECTOR
Trustee or director
3$0$0
MICHAEL AUGUSTINEDIRECTOR
Trustee or director
3$0$0
KEVIN STUBBLEFIELDDIRECTOR
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
8615 W FRAZIER LN STE 1, WICHITA, KS 67212-3835
Principal officer (990 for 2025)
ELIZABETH C NEIGHBORS, 8615 W FRAZIER LN STE 1, WICHITA, KS 672123835
Signed the 990
ELIZABETH C NEIGHBORS, VP - ACCOUNTING
Phone
(316) 721-2600
Return prepared by
J TENBRINK & ASSOCIATES

Mission

MILLENNIUM CORPORATE SERVES AS A FINANCIAL INTERMEDIARY FOR THE CREDIT UNIONS WHICH COMPRISE ITS MEMBERSHIP, AND ITS ACTIVITIES ARE DIRECTED TO THE SUPPORT OF THAT INTERDEPENDENT GROUP.

990 for the year ended December 31, 2025

Program accomplishments

  • MILLENNIUM CORPORATE, NON-PROFIT, INCORPORATED UNDER KANSAS STATUTES FOR THE PURPOSES OF PROVIDING CORRESPONDENT SERVICES, ASSET-LIABILITY MANAGEMENT ANALYSIS AND INVESTMENTS TO MEMBER CREDIT UNIONS WHO IN TURN SERVE THEIR MEMBERS (INDIVIDUAL CUSTOMERS) BY CREATING A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING OTHER PRODUCTS AND SERVICES TO IMPROVE MEMBERS' ECONOMIC AND SOCIAL CONDITIONS.

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
48-0615845
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1952
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,108,053,905
Income (IRS master file)
$107,924,020

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$101,951,990$92,062,794$2,108,053,905XML
990December 2024$83,803,137$72,980,439$1,639,527,718XML
990December 2023$65,168,692$43,746,978$1,287,261,055XML
990December 2022$50,281,305$33,601,669$1,167,187,630IRS
990December 2021–––IRS
990December 2020–––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 48-0615845).

Questions about MILLENNIUM CORPORATE CREDIT UNION

What is the EIN of MILLENNIUM CORPORATE CREDIT UNION?
The employer identification number (EIN) of MILLENNIUM CORPORATE CREDIT UNION is 48-0615845.
Is MILLENNIUM CORPORATE CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1952.
Are donations to MILLENNIUM CORPORATE CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MILLENNIUM CORPORATE 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 MILLENNIUM CORPORATE 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 MILLENNIUM CORPORATE 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 MILLENNIUM CORPORATE CREDIT UNION?
The 990 for the year ended December 31, 2025 names ELIZABETH C NEIGHBORS.
Who are the officers and directors of MILLENNIUM CORPORATE CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 18 people; 9 received compensation from the organization, the highest $261,202 (BRADY H MCLEOD, FORMER PRESIDENT/CEO).
How much revenue does MILLENNIUM CORPORATE CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $101,951,990, expenses of $92,062,794 and total assets of $2,108,053,905 at year end.

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