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Nonprofit · EIN 37-1110196

KASKASKIA VALLEY COMMUNITY CREDIT UNION

Tax-exempt · CENTRALIA, IL 62801

Financials

$1.8M$1.5M2023$1.8M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of KASKASKIA VALLEY COMMUNITY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,846,647$1,701,704$144,943$26,530,414$23,950,012$2,580,402
December 31, 2023990$1,776,085$1,456,934$319,151$26,639,464$24,203,027$2,436,437
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,464,006
Investment income
$382,641
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$214,712
Other salaries and wages
$338,161
Salaries, compensation and benefits (total)
$663,228
Professional fundraising fees
$0
Accounting fees
$27,057
Occupancy
$47,974
Travel
$9,009
Depreciation
$72,501

Balance sheet and other

Total assets, start of year
$26,639,464
Total assets, end of year
$26,530,414
Total liabilities, end of year
$23,950,012
Net assets, end of year
$2,580,402
Land, buildings and equipment
$968,369
Gross receipts
$1,846,647
Employees
24
Volunteers
7
Year formed
1982
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
AMBER BENSONCEO
Highest-paid employee
40$109,646$0
KIMBERLY G HOCKINGTREASURER
Trustee or director, Officer
55$105,066$2,172
VINCENT BARCISZEWSKIBOARD MEMBER
Trustee or director
0.5$0$0
JOHN WHITETREASURER
Trustee or director, Officer
0.5$0$0
JAMIE GORDONSECRETARY
Trustee or director, Officer
0.5$0$0
DAVID KASSNERBOARD MEMBER
Trustee or director
0.5$0$0
GARY L ROBINSONCHAIRMAN
Trustee or director, Officer
0.5$0$0
WILLIAM AGEEVICE CHAIR
Trustee or director, Officer
0.5$0$0
CATHY O'NEALBOARD MEMBER
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY G HOCKINGTREASURER
Trustee or director, Officer
55$88,028$2,641
VINCENT BARCISZEWSKIBOARD MEMBER
Trustee or director
0.5$0$0
JOHN WHITEBOARD MEMBER
Trustee or director
0.5$0$0
JAMIE GORDONBOARD MEMBER
Trustee or director
0.5$0$0
DAVID KASSNERBOARD MEMBER
Trustee or director
0.5$0$0
GARY L ROBINSONCHAIRMAN
Trustee or director, Officer
0.5$0$0
WILLIAM AGEEVICE CHAIR
Trustee or director, Officer
0.5$0$0

Address and contacts

Address (IRS master file)
401 S POPLAR ST, CENTRALIA, IL 62801-3923
Principal officer (990 for 2024)
AMBER BENSON, 401 S POPLAR ST, CENTRALIA, IL 62801
Signed the 990
KIMBERLY HOCKING, CEO
Phone
(618) 533-6681
Return prepared by
SCHEFFEL BOYLE

Mission

KASKASKIA VALLEY COMMUNITY CREDIT UNION IS A FINANCIAL INSTITUION OWNED AND CONTROLLED BY IT'S MEMBERS. WE ARE DEDICATED TO SERVING THE MEMBERS BY ENCOURAGING REGULAR SAVINGS AND STRIVING TO OFFER FINANCIAL SERVICES AT FAVORABLE TERMS. WE SHALL FOSTER THE IDEALS OF COOPERATION IN OUR COMMUNITY THROUGH THE CONCEPT OF "PEOPLE HELPING PEOPLE"

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE CONSUMER LOANS TO 1971 MEMBERS
  • PROVIDE DEPOSITS ON SAVINGS TO 4657 MEMBERS
  • PROVIDE SHARE DRAFT SERVICES FOR 1792 MEMBERS

What it must file and when

IRS records say it files Not required (state instrumentality). 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
37-1110196
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Not required (state instrumentality)
Assets (IRS master file)
$26,530,414
Income (IRS master file)
$1,846,647

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,846,647$1,701,704$26,530,414XML
990December 2023$1,776,085$1,456,934$26,639,464XML
990December 2022$1,443,554$1,317,887$26,591,285IRS
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 37-1110196).

Questions about KASKASKIA VALLEY COMMUNITY CREDIT UNION

What is the EIN of KASKASKIA VALLEY COMMUNITY CREDIT UNION?
The employer identification number (EIN) of KASKASKIA VALLEY COMMUNITY CREDIT UNION is 37-1110196.
Is KASKASKIA VALLEY COMMUNITY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2001.
Are donations to KASKASKIA VALLEY COMMUNITY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KASKASKIA VALLEY COMMUNITY CREDIT UNION file?
Form Not required (state instrumentality).
When is the next return of KASKASKIA VALLEY COMMUNITY 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 KASKASKIA VALLEY COMMUNITY 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 KASKASKIA VALLEY COMMUNITY CREDIT UNION?
The 990 for the year ended December 31, 2024 names AMBER BENSON.
Who are the officers and directors of KASKASKIA VALLEY COMMUNITY CREDIT UNION?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $109,646 (AMBER BENSON, CEO).
How much revenue does KASKASKIA VALLEY COMMUNITY CREDIT UNION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,846,647, expenses of $1,701,704 and total assets of $26,530,414 at year end.

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