Skip to main content

Nonprofit · EIN 48-0625704

FARMWAY CREDIT UNION

Tax-exempt · BELOIT, KS 67420

Financials

$4.6M$4.1M2023$5.3M$4.8M2024$6M$5.3M2025
Revenue Expenses · by fiscal year end
Financials of FARMWAY CREDIT UNION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,962,514$5,286,138$676,376$102,231,224$79,112,589$23,118,635
December 31, 2024990$5,331,861$4,811,580$520,281$100,342,860$77,900,601$22,442,259
December 31, 2023990$4,601,322$4,112,239$489,083$98,312,879$76,390,901$21,921,978
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,043,978
Investment income
$918,536
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$549,991
Other salaries and wages
$2,210,112
Salaries, compensation and benefits (total)
$2,760,103
Professional fundraising fees
$0
Occupancy
$118,643
Travel
$66,538
Program services (functional)
$5,286,138

Balance sheet and other

Total assets, start of year
$100,342,860
Total assets, end of year
$102,231,224
Total liabilities, end of year
$79,112,589
Net assets, end of year
$23,118,635
Land, buildings and equipment
$754,171
Publicly traded securities
$3,750,000
Gross receipts
$5,962,514
Employees
36
Volunteers
0
Year formed
1950
State of legal domicile
KS

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
JOSEPH DENEKEPRESIDENT
Officer
40$167,387$57,587
JEFF ZIMMERVICE-PRESIDENT
Officer
40$119,481$47,499
DEANNE WINKELVICE-PRESIDENT
Officer
40$104,155$53,882
JAMES PEROUTEKVICE-CHAIRPERSON
Trustee or director, Officer
2$0$0
PAMELA KRIERCHAIRPERSON
Trustee or director, Officer
2$0$0
KENNETH TOLBERTSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
MARK MARZOLFDIRECTOR
Trustee or director
2$0$0
JASON CHANCELLORDIRECTOR
Trustee or director
2$0$0
BRIAN COCKROFTDIRECTOR
Trustee or director
2$0$0
TRACY HALLERDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH DENEKEPRESIDENT
Officer
40$155,111$51,456
JEFF ZIMMERVICE-PRESIDENT
Officer
40$112,512$41,738
DEANNE WINKELVICE-PRESIDENT
Officer
40$99,912$45,664
JAMES PEROUTEKVICE-CHAIRPERSON
Trustee or director, Officer
2$0$0
PAMELA KRIERCHAIRPERSON
Trustee or director, Officer
2$0$0
KENNETH TOLBERTSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
MARK MARZOLFDIRECTOR
Trustee or director
2$0$0
JONELL SCHENKDIRECTOR
Trustee or director
2$0$0
JASON CHANCELLORDIRECTOR
Trustee or director
2$0$0
BRIAN COCKROFTDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH DENEKEPRESIDENT
Officer
40$147,025$47,585
JEFF ZIMMERVICE-PRESIDENT
Officer
40$102,312$38,033
DEANNE WINKELVICE-PRESIDENT
Officer
40$96,012$41,606
JAMES PEROUTEKVICE-CHAIRMAN
Trustee or director, Officer
2$0$0
PAMELA KRIERCHAIRMAN
Trustee or director, Officer
2$0$0
KENNETH TOLBERTSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
MARK MARZOLFDIRECTOR
Trustee or director
2$0$0
JONELL SCHENKDIRECTOR
Trustee or director
2$0$0
JASON CHANCELLORDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 446, BELOIT, KS 67420-0446
Principal officer (990 for 2025)
JOE DENEKE, 200 S HERSEY AVE, BELOIT, KS 67420
Signed the 990
JOE DENEKE, PRESIDENT
Phone
(785) 738-2224
Return prepared by
LINDBURG VOGEL PIERCE FARIS CHARTERED

Mission

PROVIDE FINANCIAL SERVICES FOR MUTUAL PURPOSES

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE A SOURCE OF CREDIT AND OTHER FINANCIAL RELATED SERVICES TO 7,418 MEMBERS
    Expenses $5,286,138

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
48-0625704
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$102,231,224
Income (IRS master file)
$5,962,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,962,514$5,286,138$102,231,224XML
990December 2024$5,331,861$4,811,580$100,342,860IRS
990December 2023$4,601,322$4,112,239$98,312,879XML
990December 2022$4,116,398$3,705,068$103,882,663IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 48-0625704).

Questions about FARMWAY CREDIT UNION

What is the EIN of FARMWAY CREDIT UNION?
The employer identification number (EIN) of FARMWAY CREDIT UNION is 48-0625704.
Is FARMWAY CREDIT UNION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1978.
Are donations to FARMWAY CREDIT UNION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FARMWAY 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 FARMWAY 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 FARMWAY 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 FARMWAY CREDIT UNION?
The 990 for the year ended December 31, 2025 names JOE DENEKE.
Who are the officers and directors of FARMWAY CREDIT UNION?
The 990 for the year ended December 31, 2025 lists 10 people; 3 received compensation from the organization, the highest $167,387 (JOSEPH DENEKE, PRESIDENT).
How much revenue does FARMWAY CREDIT UNION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,962,514, expenses of $5,286,138 and total assets of $102,231,224 at year end.

Other nonprofits in BELOIT

All nonprofits in BELOIT · Kansas