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Filing year 2024

ILLINOIS EDUCATORS CREDIT UNION

Springfield, Illinois·EIN 37-0771458·14
Total revenue
$6.5M
Total assets
$100.7M
Total expenses
$5.8M
Reported officers
14
Mission

The Illinois Educators Credit Union operates to assist its members by providing loans deposit accounts and other financial services for the benefit of the entire membership.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Base
$235k
Bonus
$25k
Other
$22k
Benefits
Controller
highest compensated employee
$149k
$160k
Executive VP
executive vice president
$139k
$150k
Base
$124k
Bonus
$10k
Other
$6k
Benefits
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 9%
from 2023

From $259k in 2023 to $282k in 2024.

$259k
2023
$282k
2024
In today's dollarsEst.
Up 6% in real terms$287k to $304k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ILLINOIS EDUCATORS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.7M
$4.9M
2023
$6.5M
$5.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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