Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1949.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
17 people listed on the 990; $1.9M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Brian Cedergren | $817,682 | $412,016 | $350,934 | $343,046 | $578,408 |
| Patricia Locke | $243,831 | $263,715 | $243,575 | $221,457 | $190,180 |
| Colleen Brooks | $221,945 | $170,880 | $159,628 | $156,453 | $140,014 |
| Kathleen Moncek | — | — | — | — | $183,977 |
| Kimberly Nichols | $159,199 | $150,272 | $138,163 | $128,418 | $113,810 |
| Jamie Hogue | $156,341 | $142,835 | $127,831 | $113,570 | — |
| James Evans | $150,291 | $122,740 | $115,392 | $113,561 | $106,159 |
| Kathleen Moncek Term 621 | — | — | — | $144,857 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides full-service financial cooperative services to members in DuPage, Will, and Cook counties.
Questions for Abri Credit Union
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Provided financial services to 27,750 members, provided 4,997 consumer and real estate loans, maintained 47,171 deposit accounts for the benefit of our MEMBERS/OWNERS.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $16.5M | $19.6M |
| InvestmentsLn 11–13 | $90.4M | $76.5M |
| Land, buildings, equipmentLn 10c | $8.6M | $10.2M |
| Total assetsLn 16 | $378.9M | $372.3M |
| LiabilitiesLn 26 | $342.1M | $332.3M |
| Net assetsLn 32 | $36.8M | $40.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Benefits paid to or for membersLn 4 | $3.2M | |||
| Pay of current officers, directors and key staffLn 5 | $1.2M | |||
| Other salaries and wagesLn 7 | $5.1M | |||
| Pension plan contributionsLn 8 | $208K | |||
| Other employee benefitsLn 9 | $778K | |||
| Payroll taxesLn 10 | $446K | |||
| Legal feesLn 11b | $38K | |||
| Accounting feesLn 11c | $66K | |||
| Other fees for servicesLn 11g | $336K | |||
| Advertising and promotionLn 12 | $312K | |||
| Office expensesLn 13 | $252K | |||
| Information technologyLn 14 | $1.7M | |||
| OccupancyLn 16 | $927K | |||
| TravelLn 17 | $71K | |||
| Conferences, conventions and meetingsLn 19 | $95K | |||
| InterestLn 20 | $6 | |||
| Depreciation, depletion and amortizationLn 22 | $415K | |||
| InsuranceLn 23 | $76K | |||
| Other expenses (24a–d)Ln 24 | $3.2M | |||
| All other expensesLn 24e | $158K | |||
| Total functional expensesLn 25 | $18.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $19.9M | $18.6M | $1.3M | $40.0M | 990 PDF |
| FY2023 | $20.3M | $16.1M | $4.2M | $36.8M | 990 PDF |
| FY2022 | $19.1M | $14.2M | $4.9M | $30.7M | 990 PDF |
| FY2021 | $14.6M | $13.9M | $728K | $33.5M | 990 PDF |
| FY2020 | $15.0M | $14.0M | $936K | $34.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $19,860,291 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $19,860,291 across 4 lines filed
Part IX · Statement of functional expenses $18,592,233 across 20 lines filed
Part X · Balance sheet $372,263,122 assets, 14 lines filed
Part XI · Reconciliation of net assets $40,004,284 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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