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Nonprofit · EIN 36-1255150

ILLINOIS CREDIT UNION LEAGUE

Also known as Illinois Credit Union League Northern Cook County

Tax-exempt · NAPERVILLE, IL 60563

Financials

$4.1M$3.9M2023$6.5M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS CREDIT UNION LEAGUE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,487,902$6,448,672$39,230$27,183,076$3,775,523$23,407,553
December 31, 2023990$4,103,810$3,906,167$197,643$27,229,643$3,861,320$23,368,323
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,679,222
Investment income
$202,452
Net gain from sales of assets
$18,876
Other revenue
$2,606,228

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,136,561
Other salaries and wages
$653,758
Salaries, compensation and benefits (total)
$2,194,912
Professional fundraising fees
$0
Accounting fees
$42,000
Occupancy
$68,607
Travel
$256,779
Depreciation
$36,125

Balance sheet and other

Total assets, start of year
$27,229,643
Total assets, end of year
$27,183,076
Total liabilities, end of year
$3,775,523
Net assets, end of year
$23,407,553
Land, buildings and equipment
$136,326
Net assets without donor restrictions
$23,407,553
Gross receipts
$6,487,902
Employees
131
Volunteers
20
Year formed
1930
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Tom KanePresident/ECO
Officer
20$0$996,510$36,455
Patrick SmithEVP Regulatory Affairs
Officer
35$343,233$0$11,443
Keith SiasSVP Governmental Affairs
Officer
35$268,197$0$15,884
Joni SenkpeilSVP Member Resources
Officer
35$236,009$0$30,500
Ashley SharpSVP Legislative Counsel
Officer
35$233,443$0$11,232
Kevin ShawVP Regional Management
Officer
35$0$144,032$16,900
Jose GarciaTreasurer
Trustee or director, Officer
5$0$0$0
Joseph KregulChairman of the Board
Trustee or director, Officer
5$0$0$0
Michael AbrahamVice Chair
Trustee or director, Officer
5$0$0$0
Pete FauthSecretary
Trustee or director, Officer
5$0$0$0
Alan MeyerDirector
Trustee or director
1$0$0$0
Ann WildmanDirector
Trustee or director
1$0$0$0
Danita SwansonDirector
Trustee or director
1$0$0$0
Darlyne KellerDirector
Trustee or director
1$0$0$0
Frank PadakDirector
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
Joseph TrosclairDirector
Trustee or director
1$0
Kerry FearnDirector
Trustee or director
1$0
Suzie BellDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Tom KanePresident/CEO
Officer
20$0$905,151$29,220
Patrick SmithEVP Regulatory Affairs
Officer
35$321,648$0$11,128
Keith SiasSVP Governmental Affairs
Officer
35$255,675$0$15,280
Joni SenkpeilSVP Member Resources
Officer
35$229,270$0$16,512
Ashley SharpVP Legislative Counsel
Officer
35$212,560$0$10,287
Jose GarciaSecretary
Trustee or director, Officer
5$0$0$0
Joseph KregulVice Chair
Trustee or director, Officer
5$0$0$0
Kerry FearnChairman of the Board
Trustee or director, Officer
5$0$0$0
Michael AbrahamTreasurer
Trustee or director, Officer
5$0$0$0
Alan MeyerDirector
Trustee or director
1$0$0$0
Ann WildmanDirector
Trustee or director
1$0$0$0
Danita SwansonDirector
Trustee or director
1$0$0$0
Darlyne KellerDirector
Trustee or director
1$0$0$0
Frank PadakDirector
Trustee or director
1$0$0$0
Joseph TrosclairDirector
Trustee or director
1$0$0$0
Pete FauthDirector
Trustee or director
1$0$0$0
Suzie BellDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1807 W DIEHL RD, NAPERVILLE, IL 60563-1890
In care of
% KAREN HAAS
Mailing address (990-N for 2010)
1212 W Northwest Hwy, Palatine IL 60067
Principal officer (990 for 2024)
Elizabeth Calderone, 1807 West Diehl Road, Naperville, IL 60563
Principal officer (990-N for 2010)
Roger Peters, 1212 W Northwest Hwy, Palatine IL 60067
Signed the 990
THOMAS H KANE, OFFICER
Phone
(630) 983-3400
Return prepared by
Forvis Mazars LLP

Mission

SUPPORT STATE AND FEDERALLY CHARTERED CREDIT UNIONS IN ILLINOIS BY PROVIDING EDUCATION, ADVOCACY AND COMPLIANCE SERVICES ALLOWING THEM TO PROSPER IN THE FINANCIAL MARKETPLACE.

990 for the year ended December 31, 2024

Program accomplishments

  • LEGAL AND COMPLIANCE ADVISORY SERVICES TO MEMBER CREDIT UNIONS
  • Membership Services include activities supporting statewide charters and any special board authorized activities for credit union members; hence the establishment and launch of a credit union group health care plan for their employees, providing economies of scale.
  • DEVELOPMENT, EDUCATIONAL AND NETWORKING CONFERENCES AND EVENTS

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-1255150
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
9416 (21 member organizations)
Assets (IRS master file)
$27,183,076
Income (IRS master file)
$6,487,902

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,487,902$6,448,672$27,183,076IRS
990December 2023$4,103,810$3,906,167$27,229,643XML
990December 2022$3,701,935$3,586,649$25,079,828IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2010
Officer: Roger Peters
December 31, 2010≤ $50,000 receipts––e-Postcard

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 36-1255150).

Questions about ILLINOIS CREDIT UNION LEAGUE

What is the EIN of ILLINOIS CREDIT UNION LEAGUE?
The employer identification number (EIN) of ILLINOIS CREDIT UNION LEAGUE is 36-1255150.
Is ILLINOIS CREDIT UNION LEAGUE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to ILLINOIS CREDIT UNION LEAGUE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINOIS CREDIT UNION LEAGUE 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 CREDIT UNION LEAGUE 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 ILLINOIS CREDIT UNION LEAGUE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ILLINOIS CREDIT UNION LEAGUE?
The 990 for the year ended December 31, 2024 names Elizabeth Calderone.
Who are the officers and directors of ILLINOIS CREDIT UNION LEAGUE?
The 990 for the year ended December 31, 2024 lists 18 people; 4 received compensation from the organization.
How much revenue does ILLINOIS CREDIT UNION LEAGUE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,487,902, expenses of $6,448,672 and total assets of $27,183,076 at year end.

Organizations in its group exemption (21)

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