Access Credit Union: FY2023 Nonprofit Profile & Form 990 (EIN 36-6068676)

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 financial services and benefits to its members.

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2 programs · in their own filed words · FY2023

01

Credit Union pays out dividends to its members on share deposit accounts at a market rate of interest. Total number of share accounts at 12/31/23 is 8,534 in the amount of $51,061,160.

Pt IX · col B

02

Credit Union makes and services consumer and real estate loans to members. The number of loans outstanding at 12/31/23 was 1,726 for a total of $31,490,094.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2024

Illinois Credit Union FoundationFY2024$20K

Total grants receivedfrom 1 funder$20K

By the numbers

The FY2023 990, line by line.

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from philanthropy.org

1The main four

Money inPt VIII

$2.6M

Ln 12

Fees for servicesLn 2g$2.2M

Investment incomeLn 3$347K

Money outPt IX

$2.4M

Ln 25

Owns and owesPt X

$7.7M

net assets · Ln 32

Cash and savingsLn 1–2$1.5M

Total assetsLn 16$59.0M

LiabilitiesLn 26$51.3M

PeoplePt VI, VII

11

listed · VII A

PaidVII A2

Voting boardVI 1a9

IndependentVI 1b9

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$2.2M

Investment incomeLn 3$347K

Total revenueLn 12$2.6M

Assets in detailPt X, end of year

CashLn 1$165K

SavingsLn 2$1.3M

Cash and savings togetherLn 1–2$1.5M

InvestmentsLn 11–13$22.6M

Land, buildings, equipmentLn 10c$2.3M

Other assetsLn 15$833K

Total assetsLn 16$59.0M

LiabilitiesLn 26$51.3M

Net assetsLn 32$7.7M

OperationsPt I, VI

EmployeesI 514

VolunteersI 69

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$885K	$1.5M
InvestmentsLn 11–13	$25.9M	$22.6M
Land, buildings, equipmentLn 10c	$2.4M	$2.3M
Total assetsLn 16	$61.9M	$59.0M
LiabilitiesLn 26	$54.4M	$51.3M
Net assetsLn 32	$7.5M	$7.7M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$284K
Other salaries and wagesLn 7	$580K
Pension plan contributionsLn 8	$31K
Other employee benefitsLn 9	$76K
Payroll taxesLn 10	$64K
Accounting feesLn 11c	$14K
Other fees for servicesLn 11g	$96K
Office expensesLn 13	$81K
Information technologyLn 14	$294K
OccupancyLn 16	$152K
TravelLn 17	$4K
Conferences, conventions and meetingsLn 19	$14K
InterestLn 20	$139K
Depreciation, depletion and amortizationLn 22	$74K
InsuranceLn 23	$22K
Other expenses (24a–d)Ln 24	$482K
Total functional expensesLn 25	$2.4M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Apr 3, 2026	$3.1M	$2.9M	$135K	$8.0M	990 PDF
FY2024Filed with the IRS Feb 25, 2025	$2.8M	$2.6M	$188K	$7.9M	990 PDF
FY2023 ViewingFiled with the IRS Mar 28, 2024	$2.6M	$2.4M	$179K	$7.7M	990 PDF
FY2022Filed with the IRS Mar 15, 2023	$2.6M	$2.3M	$294K	$7.5M	990 PDF
FY2021Filed with the IRS Feb 18, 2022	$2.5M	$2.1M	$396K	$7.3M	990 PDF
FY2020Filed with the IRS Mar 11, 2021	$2.4M	$2.1M	$280K	$6.9M	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary $2,585,480 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $2,243,288$2,238,258

I-10 Investment incomePrior year $343,586$347,222

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $2,586,874$2,585,480

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $1,039,620$1,035,111

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,253,616$1,371,643

I-18 Total expensesPrior year $2,293,236$2,406,754

I-19 Revenue less expensesPrior year $293,638$178,726

Part VI · Governance 9 of 9 board members independent, 2 to look at

VI-1a Voting members of the governing body9

VI-1b Independent voting members9

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $2,585,480 across 3 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,238,258$2,238,258

VIII-3 Investment incomeExcluded from tax $347,222$347,222

VIII-12 Total revenueRelated to mission $2,238,258 · Unrelated business $0 · Excluded from tax $347,222$2,585,480

Part IX · Statement of functional expenses $2,406,754 across 16 lines filed

IX-5 Pay of current officers, directors and key staff$284,475

IX-7 Other salaries and wages$580,092

IX-8 Pension plan contributions$30,774

IX-9 Other employee benefits$75,849

IX-10 Payroll taxes$63,921

IX-11c Accounting fees$14,292

IX-11g Other fees for services$96,049

IX-13 Office expenses$80,697

IX-14 Information technology$293,998

IX-16 Occupancy$151,772

IX-17 Travel$3,686

IX-19 Conferences, conventions and meetings$13,943

IX-20 Interest$138,792

IX-22 Depreciation, depletion and amortization$74,478

IX-23 Insurance$22,297

IX-24 Other expenses (24a–d)$481,639

IX-25 Total functional expenses$2,406,754

Part X · Balance sheet $58,974,544 assets, 13 lines filed

Asset lines not itemized here account for $31,490,094; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $246,105$165,300

X-2 Savings and temporary cash investmentsStart of year $638,576$1,290,037

X-9 Prepaid expenses and deferred chargesStart of year $288,840$277,094

X-10c Land, buildings and equipment, netStart of year $2,357,182$2,290,215

X-11 Publicly traded securitiesStart of year $25,784,136$22,561,689

X-12 Other securitiesStart of year $67,059$67,059

X-15 Other assetsStart of year $825,635$833,056

X-16 Total assetsStart of year $61,905,866$58,974,544

X-17 Accounts payable and accrued expensesStart of year $253,141$239,962

X-25 Other liabilitiesStart of year $54,107,366$51,061,160

X-26 Total liabilitiesStart of year $54,360,507$51,301,122

X-32 Total net assets or fund balancesStart of year $7,545,359$7,673,422

X-33 Total liabilities and net assetsStart of year $61,905,866$58,974,544

Part XI · Reconciliation of net assets $7,673,422 net assets at year end

XI-1 Total revenue$2,585,480

XI-2 Total expenses$2,406,754

XI-3 Revenue less expenses$178,726

XI-4 Net assets at start of year$7,545,359

XI-8 Prior period adjustments−$50,663

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$7,673,422

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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Access Credit Union FY2023 filing

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Compensation history total reportable pay by year · 2 named individuals · Part VII