Nonprofit · EIN 37-6040165
BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION
Tax-exempt · BLOOMINGTON, IL 61701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,914,309 | $1,325,801 | $588,508 | $39,071,169 | $33,690,637 | $5,380,532 |
| December 31, 2023 | 990 | $1,706,457 | $1,162,231 | $544,226 | $37,592,050 | $32,800,026 | $4,792,024 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $892,488
- Investment income
- $1,021,821
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $109,342
- Other salaries and wages
- $209,249
- Salaries, compensation and benefits (total)
- $365,962
- Professional fundraising fees
- $0
- Occupancy
- $31,900
- Travel
- $1,576
- Depreciation
- $39,365
Balance sheet and other
- Total assets, start of year
- $37,592,050
- Total assets, end of year
- $39,071,169
- Total liabilities, end of year
- $33,690,637
- Net assets, end of year
- $5,380,532
- Land, buildings and equipment
- $2,981,573
- Publicly traded securities
- $14,137,000
- Gross receipts
- $1,914,309
- Employees
- 10
- Volunteers
- 11
- Year formed
- 1953
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD KEIL | CEO Trustee or director, Officer | 40 | $104,792 | $4,550 |
| EARLENE NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNE DICKERSON | SECRETARY Trustee or director | 1 | $0 | $0 |
| BRIAN MOHR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT WICK | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| JEREMY MEINTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSSELL WALLER | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| CHAD WAMSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA MCNEIL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SPROULS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBRA SCHULLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID CALHOON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TODD KEIL | CEO Trustee or director, Officer | 40 | $99,267 | $10,682 |
| EARLENE NELSON | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| ANNE DICKERSON | SECRETARY Trustee or director | 1 | $0 | $0 |
| BRIAN MOHR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT WICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY CARIUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSSELL WALLER | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| CHAD WAMSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVEN CONNOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SPROULS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBRA SCHULLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID CALHOON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 602 S GRIDLEY ST, BLOOMINGTON, IL 61701-5227
- Mailing address (990-N for 2024)
- PO Box 384, Bloomington IL 61702
- Principal officer (990 for 2024)
- TODD KEIL, 602 SOUTH GRIDLEY ST, BLOOMINGTON, IL 61701
- Principal officer (990-N for 2024)
- Ryan Johnson, 504 Dixon Ave, Kappa IL 61738
- Signed the 990
- TODD KEIL, PRESIDENT
- Phone
- (309) 827-7266
- Return prepared by
- LMHN LTD
Mission
IT STRIVES TO PROVIDE LOW INTEREST LOANS AND RETURN ALL POSSIBLE PROFITS TO MEMBERS IN THE FORM OF DIVIDENDS. THIS CREDIT UNION EXISTS SOLEY TO SERVE ITS MEMBERS.
Program accomplishments
- PROVIDED CONSUMER LENDING AND RECEIVED DEPOSITS FROM THE CREDIT UNION MEMBERSHIP. THE CREDIT UNION SERVICES IN EXCESS OF 4,300 MEMBER SHARE ACCOUNTS AND 660 LOAN ACCOUNTS, INCLUDING VISA CARDS.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 37-6040165
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $39,071,169
- Income (IRS master file)
- $1,914,309
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: Ryan Johnson | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2024 | $1,914,309 | $1,325,801 | $39,071,169 | IRS |
| 990-N for 2023 Officer: Ryan Johnson | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $1,706,457 | $1,162,231 | $37,592,050 | XML |
| 990-N for 2022 Officer: Ryan Johnson | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2022 | – | – | – | 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 37-6040165).
Questions about BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION
- What is the EIN of BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION?
- The employer identification number (EIN) of BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION is 37-6040165.
- Is BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1953.
- Are donations to BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BLOOMINGTON MUNICIPAL EMPLOYEES 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 BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
- Who is the principal officer of BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2024 names TODD KEIL.
- Who are the officers and directors of BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $104,792 (TODD KEIL, CEO).
- How much revenue does BLOOMINGTON MUNICIPAL EMPLOYEES CREDIT UNION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,914,309, expenses of $1,325,801 and total assets of $39,071,169 at year end.
Other nonprofits in BLOOMINGTON
- ILLINOIS NETWORK OF CHILD CARE RESOURCE AND REFERRAL AGENCIES EIN 36-4096312 · last filed 990 for 2025
- CORN BELT ELECTRIC COOPERATIVE INC EIN 37-0228808 · last filed 990 for 2024
- CHESTNUT HEALTH SYSTEMS INC EIN 37-0964629 · last filed 990 for 2025
- ILLINOIS WESLEYAN UNIVERSITY EIN 37-0662594 · last filed 990 for 2025
- ILLINOIS AGRICULTURAL ASSOCIATION EIN 37-0809856 · last filed 990 for 2025
- STATE FARM COMPANIES FOUNDATION EIN 36-6110423 · last filed 990-PF for 2025
- WESTMINSTER VILLAGE INC EIN 37-1101586 · last filed 990 for 2025
- IAA CREDIT UNION EIN 37-6031888 · last filed 990 for 2025