Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1944.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Who runs it and what they're paid
10 people listed on the 990; $99K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Karen Jurasek | $99,317 | $91,819 | $88,810 | $88,354 | $78,950 | $73,775 |
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
Offers members affordable loans and savings accounts with great returns in a friendly setting.
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Provided a Christmas savings plan, Fortune Fund accounts and Vacation club accounts to 510 members. Provided checking accounts to 794 members and IRAs and Certificate of Deposit accounts to 191 members. Received deposits on share accounts from 1,659 members resulting in a total balance on deposit of $18,642,188.
Provided Credit to Members Using Various Loan Programs
real estate (first mortgage and home equity) loans, personal (unsecured) loans, and new and used vehicle loans. There was a total number of 502 loans granted to members throughout the year that amounted to $2,523,915. Further, 208 members have a VISA credit card at their disposal with a total credit line of $2,068,350.
Returned 17.3% of gross income to members as dividends to their savings accounts.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $971K | $97K |
| InvestmentsLn 11–13 | $9.9M | $11.3M |
| Land, buildings, equipmentLn 10c | $840K | $824K |
| Total assetsLn 16 | $22.5M | $22.4M |
| LiabilitiesLn 26 | $19.1M | $18.8M |
| Net assetsLn 32 | $3.4M | $3.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | $0 | ||
| Grants to domestic individualsLn 2 | $0 | $0 | ||
| Grants and assistance to foreign recipientsLn 3 | $0 | $0 | ||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $111K | $111K | $0 | $0 |
| Other salaries and wagesLn 7 | $216K | $216K | $0 | $0 |
| Pension plan contributionsLn 8 | $2K | $2K | $0 | $0 |
| Other employee benefitsLn 9 | $48K | $48K | $0 | $0 |
| Payroll taxesLn 10 | $27K | $27K | $0 | $0 |
| Legal feesLn 11b | $10K | $10K | $0 | $0 |
| Accounting feesLn 11c | $34K | $34K | $0 | $0 |
| Other fees for servicesLn 11g | $100K | $100K | $0 | $0 |
| Advertising and promotionLn 12 | $18K | $18K | $0 | $0 |
| Office expensesLn 13 | $64K | $64K | $0 | $0 |
| Information technologyLn 14 | $54K | $54K | $0 | $0 |
| OccupancyLn 16 | $84K | $84K | $0 | $0 |
| Conferences, conventions and meetingsLn 19 | $4K | $4K | $0 | $0 |
| InterestLn 20 | $590 | $590 | $0 | $0 |
| Payments to affiliatesLn 21 | $10K | $10K | $0 | $0 |
| Depreciation, depletion and amortizationLn 22 | $57K | $57K | $0 | $0 |
| InsuranceLn 23 | $14K | $14K | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $243K | $243K | $0 | $0 |
| Total functional expensesLn 25 | $1.1M | $1.1M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $1.3M | $1.1M | $159K | $3.6M | 990 PDF |
| FY2024 | $1.2M | $1.1M | $36K | $3.4M | 990 PDF |
| FY2023 | $989K | $888K | $102K | $3.4M | 990 PDF |
| FY2022 | $938K | $836K | $102K | $3.3M | 990 PDF |
| FY2021 | $1.1M | $859K | $243K | $3.2M | 990 PDF |
| FY2020 | $897K | $858K | $39K | $2.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $1,254,728 across 5 lines filed
Part IX · Statement of functional expenses $1,096,106 across 22 lines filed
Part X · Balance sheet $22,397,067 assets, 16 lines filed
Part XI · Reconciliation of net assets $3,572,035 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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