Nonprofit · EIN 37-0693937
REDBRAND CREDIT UNION
Tax-exempt · BARTONVILLE, IL 61607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,880,656 | $3,340,409 | $540,247 | $73,764,540 | $65,532,032 | $8,232,508 |
| December 31, 2024 | 990 | $3,781,977 | $3,227,254 | $554,723 | $72,042,763 | $64,256,886 | $7,785,877 |
| December 31, 2023 | 990 | $3,522,942 | $2,998,048 | $524,894 | $74,604,863 | $67,707,866 | $6,896,997 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,180,267
- Investment income
- $700,389
- Net gain from sales of assets
- -$4,767
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $168,765
- Other salaries and wages
- $1,042,589
- Salaries, compensation and benefits (total)
- $1,191,877
- Professional fundraising fees
- $0
- Legal fees
- $38,291
- Accounting fees
- $38,291
- Occupancy
- $239,473
- Depreciation
- $117,353
Balance sheet and other
- Total assets, start of year
- $72,042,763
- Total assets, end of year
- $73,764,540
- Total liabilities, end of year
- $65,532,032
- Net assets, end of year
- $8,232,508
- Land, buildings and equipment
- $1,441,863
- Publicly traded securities
- $13,082,257
- Gross receipts
- $5,373,656
- Employees
- 29
- Volunteers
- 7
- Year formed
- 1952
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY PEARCE | PRESIDENT/MANAGER Trustee or director, Officer | 40 | $138,404 | $30,361 |
| JEFF RATHMEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TROY HATTERMANN | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| NATHAN THOMAS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| WILLIAM CLARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER HUGHES | SEC/TREAS Trustee or director | 1 | $0 | $0 |
| BRIAN SCHMIDGALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY PEARCE | PRESIDENT/MANAGER Trustee or director, Officer | 40 | $131,108 | $17,381 |
| JEFF RATHMEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TROY HATTERMANN | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| NATHAN THOMAS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| WILLIAM CLARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER HUGHES | SEC/TREAS Trustee or director | 1 | $0 | $0 |
| BRIAN SCHMIDGALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY PEARCE | PRESIDENT/MANAGER Trustee or director, Officer | 40 | $124,150 | $15,751 |
| JEFF RATHMEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TROY HATTERMANN | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| NATHAN THOMAS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| WILLIAM CLARK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER HUGHES | SEC/TREAS Trustee or director | 1 | $0 | $0 |
| BRIAN SCHMIDGALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4128, BARTONVILLE, IL 61607-0128
- Principal officer (990 for 2025)
- KELLY PEARCE, 820 MCKINLEY ST, BARTONVILLE, IL 61607
- Signed the 990
- KELLY PEARCE, PRESIDENT
- Phone
- (309) 697-1447
- Website
- REDBRANDCU.COM
- Return prepared by
- LMHN LTD
Mission
REDBRAND CREDIT UNION IS A MEMBER-OWNED, NOT-FOR-PROFIT, FINANCIAL COOPERATIVE. OUR CONTINUING GOALS ARE TO PROMOTE THRIFT AND TO PROVIDE THE HIGHEST QUALITY, COMPETITIVE SERVICES AND BENEFITS FOR
Program accomplishments
- PROVIDED CONSUMER LENDING AND RECEIVED DEPOSITS FROM THE CREDIT UNION MEMBERSHIP. THE CREDIT UNION SERVICES IN EXCESS OF 15,800 MEMBER SHARE TYPE ACCOUNTS AND 2,900 LOAN TYPE 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 37-0693937
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $73,764,540
- Income (IRS master file)
- $5,373,656
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,880,656 | $3,340,409 | $73,764,540 | IRS |
| 990 | December 2024 | $3,781,977 | $3,227,254 | $72,042,763 | IRS |
| 990 | December 2023 | $3,522,942 | $2,998,048 | $74,604,863 | XML |
| 990 | December 2022 | $3,375,198 | $2,764,499 | $75,687,181 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 37-0693937).
Questions about REDBRAND CREDIT UNION
- What is the EIN of REDBRAND CREDIT UNION?
- The employer identification number (EIN) of REDBRAND CREDIT UNION is 37-0693937.
- Is REDBRAND CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1954.
- Are donations to REDBRAND CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does REDBRAND 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 REDBRAND 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 REDBRAND 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 REDBRAND CREDIT UNION?
- The 990 for the year ended December 31, 2025 names KELLY PEARCE.
- Who are the officers and directors of REDBRAND CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $138,404 (KELLY PEARCE, PRESIDENT/MANAGER).
- How much revenue does REDBRAND CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,880,656, expenses of $3,340,409 and total assets of $73,764,540 at year end.
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