Cooperative Choice Network Credit Union

Organization Overview

Cooperative Choice Network Credit Union is located in Peoria, IL. The organization was established in 1936. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Cooperative Choice Network Credit Union employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Choice Network Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2023, Cooperative Choice Network Credit Union generated $7.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

FOCUS ON PERSONAL ATTENTION TO ACHIEVE THE FINANCIAL NEEDS OF EACH MEMBER AND ALLOW THEM TO ACHIEVE THEIR FINANCIAL GOALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED 8,272 CONSUMER AND VISA LOAN ACCOUNTS TO MEMBERS. MAINTAINED DEPOSITS ON 21,615 ACCOUNTS INCLUDING REGULAR SHARE ACCOUNTS, CLUB ACCOUNTS, SHARE DRAFT ACCOUNTS, CHECKING, AND MONEY MARKET ACCOUNTS OF MEMBERS. MAINTAINED 2,248 SHARE CERTIFICATES AND IRA SHARE ACCOUNTS TO MEMBERS. PROVIDED ELECTRONIC DELIVERY OF FINANCIAL SERVICES BY ATM'S, INTERNET HOME BANKING AND VISA DEBIT CARDS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
John Machens
Chairman
$0
Stephen Friedman
Vice-Chairman
$0
Alex Prather
Treasurer
$0
Michelle Cramer
Secretary
$0
Dennis Koch
Supervisory Chair
$0
Stacy Connor
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,280,301
Investment income $848,259
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,800
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,257,830

Peer Organizations

Organization NameAssets
Cooperative Choice Network Credit Union
Peoria, IL
$7,257,830
Community News Foundation
Harrisonville, MO
$3,572,768
International Warehouse Logistics Association
Des Plaines, IL
$4,516,613
Iowa Bankers Association
Johnston, IA
$3,115,872
Missouri Freedom Foundation
Kansas City, MO
$1,475,000
Missouri Independent Bankers Association Incorporated
Jefferson City, MO
$1,316,853
Northwest Municipal Conference Inc
Des Plaines, IL
$1,386,873
American Culture Project
Chicago, IL
$1,056,110
Citizens Action Coalition Education Fund Inc
Indianapolis, IN
$1,163,898
Textbook & Academic Authors Association Inc
Cochrane, WI
$639,521
Association For The Friends Of Justice For The 43rd Judicial Circ
Hamilton, MO
$468,197
Gaylord Building Historic Site
Lockport, IL
$387,267
Iowans For Tax Releif
West Des Moines, IA
$215,967
Middlewest Motor Freight Bureau
Kansas City, MO
$469,109
Champaign-Urbana Friends And Allies Of Immigrants And Refugees
Champaign, IL
$368,992
Eagle Forum
Alton, IL
$239,244
Missouri Council On Aging
Lake Saint Louis, MO
$335,747
Missouri Railroad Association
Jefferson City, MO
$0
Irg Action Fund Inc
Delafield, WI
$203,009
Indiana Muslim Advocacy Network
Indianapolis, IN
$0
One Way Community
Georgetown, KY
$58,273
Naturist Action Committee Inc
Oshkosh, WI
$0
Milagros De Mundi Foundation
Grayslake, IL
$0
Evanston Latinos Nfp
Evanston, IL
$0
Indiana Distributed Energy Alliance Inc
Indianapolis, IN
$0

Create an account to unlock the data you need.

or