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Nonprofit · EIN 36-2494471

STREATOR ONIZED CREDIT UNION

Tax-exempt · STREATOR, IL 61364

Financials

$27.3M$21.7M2023$32.4M$28M2024$34.5M$31.4M2025
Revenue Expenses · by fiscal year end
Financials of STREATOR ONIZED CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$34,476,897$31,448,872$3,028,025$409,495,715$346,063,967$63,431,748
December 31, 2024990$32,389,635$28,007,510$4,382,125$383,202,396$322,905,906$60,296,490
December 31, 2023990$27,275,166$21,710,284$5,564,882$356,243,779$300,540,983$55,702,796
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$31,882,877
Investment income
$2,570,187
Net gain from sales of assets
-$97,580
Other revenue
$23,833

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$991,780
Other salaries and wages
$6,827,013
Salaries, compensation and benefits (total)
$10,188,020
Professional fundraising fees
$0
Legal fees
$8,400
Accounting fees
$36,231
Occupancy
$366,168
Travel
$19,380
Depreciation
$1,156,058

Balance sheet and other

Total assets, start of year
$383,202,396
Total assets, end of year
$409,495,715
Total liabilities, end of year
$346,063,967
Net assets, end of year
$63,431,748
Land, buildings and equipment
$10,369,033
Gross receipts
$35,511,208
Employees
150
Volunteers
7
Year formed
1939
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.

NameTitleHours / weekCompensationOther / benefits
Douglas PattersonCEO
Key employee
40$222,275$46,736
Angela KusnerickCOO
Highest-paid employee
40$158,126$32,596
Mandi GillmanCLO
Highest-paid employee
40$156,370$25,603
Andrew ThreagillCIO
Highest-paid employee
40$145,864$31,688
Cheryl DavisCFO
Highest-paid employee
40$153,522$19,000
Michael RalphBoard Member
Trustee or director
1$7,996$0
Harry GodfreyVice Chairperson
Trustee or director
1$7,956$0
Scott BulthuisChairperson
Trustee or director
1$7,535$0
Tony MilesBoard Treasurer
Trustee or director
1$7,290$0
Nathan DarrowSecretary
Trustee or director
1$6,790$0
Robert LeeBoard Member
Trustee or director
1$6,358$0
Scott CarpenterBoard Member
Trustee or director
1$5,870$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
Douglas PattersonCEO
Key employee
40$211,972$44,136
Angela KusnerickCOO
Highest-paid employee
40$145,261$31,088
Mandi GillmanCLO
Highest-paid employee
40$146,410$23,691
Andrew ThreagillCIO
Highest-paid employee
40$134,541$32,313
Cheryl DavisCFO
Highest-paid employee
40$146,224$18,135
Scott BulthuisChairperson
Trustee or director
1$7,850$0
Tony MilesBoard Treasurer
Trustee or director
1$6,900$0
Robert LeeBoard Member
Trustee or director
1$6,350$0
Harry GodfreyVice Chairperson
Trustee or director
1$6,300$0
Michael RalphBoard Member
Trustee or director
1$6,000$0
Nathan DarrowSecretary
Trustee or director
1$5,850$0
Don LuckeyBoard Member
Trustee or director
1$1,040$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
Douglas PattersonCEO
Key employee
40$197,042$46,268
Angela KusnerickCOO
Highest-paid employee
40$128,305$31,993
Mandi GillmanCLO
Highest-paid employee
40$136,921$21,778
Cheryl DavisCFO
Highest-paid employee
40$133,353$19,791
Andrew ThreagillCIO
Highest-paid employee
40$114,613$30,994
Scott BulthuisChairperson
Trustee or director
1$5,500$0
Tony MilesBoard Treasurer
Trustee or director
1$4,850$0
Don LuckeyBoard Member
Trustee or director
1$4,850$0
Harry GodfreyVice Chairman
Trustee or director
1$4,300$0
Robert LeeBoard Member
Trustee or director
1$4,200$0
Nathan DarrowSecretary
Trustee or director
1$3,700$0
Michael RalphBoard Member
Trustee or director
1$3,200$0

Address and contacts

Address (IRS master file)
912 N SHABBONA ST, STREATOR, IL 61364-2000
In care of
% DOUGLAS PETTERSON CEO
Principal officer (990 for 2025)
Douglas Patterson, 912 N Shabbona Street, Streator, IL 61364
Signed the 990
Cheryl Davis, CFO
Phone
(815) 673-5577
Website
socu.org

Mission

Credit Union will provide quality financial services that will enhance the economic and social well-being of the members and communities that it serves.

990 for the year ended December 31, 2025

Program accomplishments

  • Provided consumer loans to 8112 members.
  • Provided 81 first mortgage loans to members.
  • Received deposits on savings for 4530 new accounts.

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
36-2494471
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)
$409,495,715
Income (IRS master file)
$35,511,208

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$34,476,897$31,448,872$409,495,715IRS
990December 2024$32,389,635$28,007,510$383,202,396IRS
990December 2023$27,275,166$21,710,284$356,243,779XML
990December 2022$23,425,097$17,003,612$335,438,347IRS
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 36-2494471).

Questions about STREATOR ONIZED CREDIT UNION

What is the EIN of STREATOR ONIZED CREDIT UNION?
The employer identification number (EIN) of STREATOR ONIZED CREDIT UNION is 36-2494471.
Is STREATOR ONIZED CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2001.
Are donations to STREATOR ONIZED CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does STREATOR ONIZED 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 STREATOR ONIZED 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 STREATOR ONIZED 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 STREATOR ONIZED CREDIT UNION?
The 990 for the year ended December 31, 2025 names Douglas Patterson.
Who are the officers and directors of STREATOR ONIZED CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 12 people; 12 received compensation from the organization, the highest $222,275 (Douglas Patterson, CEO).
How much revenue does STREATOR ONIZED CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $34,476,897, expenses of $31,448,872 and total assets of $409,495,715 at year end.

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