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Nonprofit · EIN 36-1894017

VICINITY CREDIT UNION

Tax-exempt · CHICAGO, IL 60632

Financials

$13.8M$14.1M2023$13.3M$13.6M2024
Revenue Expenses · by fiscal year end
Financials of VICINITY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,283,274$13,603,782-$320,508$275,637,523$266,493,847$9,143,676
December 31, 2023990$13,822,381$14,104,087-$281,706$286,556,422$278,368,040$8,188,382
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$950,000
of which government grants
$950,000
Program service revenue
$7,737,499
Investment income
$4,595,775
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$653,283
Other salaries and wages
$2,437,211
Salaries, compensation and benefits (total)
$3,685,558
Professional fundraising fees
$0
Legal fees
$14,938
Accounting fees
$185,430
Occupancy
$808,422
Travel
$49,803
Depreciation
$368,985

Balance sheet and other

Total assets, start of year
$286,556,422
Total assets, end of year
$275,637,523
Total liabilities, end of year
$266,493,847
Net assets, end of year
$9,143,676
Land, buildings and equipment
$923,579
Publicly traded securities
$88,579,388
Gross unrelated business income
$56,104
Gross receipts
$13,283,274
Employees
65
Volunteers
14
Year formed
1931
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 / weekCompensationOther / benefits
MARIO AGUIRREPRESIDENT/CEO
Officer
35$352,101$10,508
MARIA TRAVISCHIEF RETAIL OPERATION OFFICER
Officer
35$134,492$13,513
JOHN LENZCFO
Officer
35$96,343$2,410
JOHN GREGGCONTROLLER
Officer
35$43,840$76
PHILLIP C MOORECHAIRPERSON
Trustee or director
1$0$0
NEAL SUWEVICE CHAIRPERSON
Trustee or director
1$0$0
DR TISA CHARLESTREASURER
Trustee or director
1$0$0
JAIME GROTH SEARLESECRETARY
Trustee or director
1$0$0
CAROLYN A JOHNSONBOARD MEMBER
Trustee or director
1$0$0
DR CARLA STEWARTBOARD MEMBER
Trustee or director
1$0$0
VIRGINIA BAUTISTA WHITEBOARD MEMBER
Trustee or director
1$0$0
ANDREA BOTLEYBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Mario AguirrePresident/CEO
Officer, Key employee, Highest-paid employee
40$283,383
Maria TravisChief Retail Operations Officer
Officer, Key employee
40$131,483
John LenzChief Financial Officer
Officer, Key employee
40$117,730
Tisa CharlesBoard Treasurer
Trustee or director
1$0
Carolyn JohsonBoard Member
Trustee or director
1$0
Phillip MooreBoard Chair
Trustee or director
1$0
Jaime Groth SearleBoard Secretary
Trustee or director
1$0
Neal SuweBoard Vice Chair
Trustee or director
1$0
Carla StewartBoard Member
Trustee or director
1$0
Virginia Bautista-WhiteBoard Member
Trustee or director
1$0
Andrea BotleyBoard Member
Trustee or director
1$0
Reginald PattersonBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4444 S PULASKI RD, CHICAGO, IL 60632-4011
In care of
% JOHN LENZ
Principal officer (990 for 2024)
MARIO AGUIRRE, 4444 S PULASKI RD, CHICAGO, IL 60632
Signed the 990
JOHN GREGG, CONTROLLER
Phone
(773) 376-6000
Return prepared by
DOEREN MAYHEW

Mission

TO ENCOURAGE SAVINGS AND PROVIDE CREDIT AT A REASONABLE INTEREST RATE, FOR THE BENEFIT FOR MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE CREDIT UNION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.

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
36-1894017
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$275,637,523
Income (IRS master file)
$13,283,274

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$13,283,274$13,603,782$275,637,523XML
990December 2023$13,822,381$14,104,087$286,556,422XML
990December 2022$9,439,159$9,232,178$295,434,711IRS
990December 2021–––IRS
990December 2020–––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 36-1894017).

Questions about VICINITY CREDIT UNION

What is the EIN of VICINITY CREDIT UNION?
The employer identification number (EIN) of VICINITY CREDIT UNION is 36-1894017.
Is VICINITY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2001.
Are donations to VICINITY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VICINITY 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 VICINITY 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 VICINITY CREDIT UNION 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 VICINITY CREDIT UNION?
The 990 for the year ended December 31, 2024 names MARIO AGUIRRE.
Who are the officers and directors of VICINITY CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 12 people; 4 received compensation from the organization, the highest $352,101 (MARIO AGUIRRE, PRESIDENT/CEO).
How much revenue does VICINITY CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,283,274, expenses of $13,603,782 and total assets of $275,637,523 at year end.

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