Western Illinois School Employees Credit Union
Public records raise at least one point you should look into before giving.
What it says it does
TO PROVIDE HIGH-QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS AND ENHANCE THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.
- Income
- $1.0 million
- Spending
- $918,748
- Employees
- 5
- Volunteers
- 13
- Highest pay
- $66,834, treasurer/pr
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $918,733 spent. PROVIDES FINANCIAL AND FINANCIALLY-RELATED SERVICES TO 1,672 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2025, THERE WERE 1,104 LOANS OUTSTANDING TOTALING 16,452,488. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALED 506,149 FOR THE YEAR.
- LINE 4A TOTAL LOANS IN THIS SECTION ARE PRESENTED AT 16,452,488 WHICH IS THE GROSS AMOUNT. THIS NUMBER DIFFERS FROM PART X WHICH HAS LOANS PRESENTED AS 16,349,409 WHICH IS THE NET NUMBER INCLUDING AN ALLOWANCE FOR LOAN LOSSES OF (103,079).
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(14) credit union.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(14) credit union as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1936.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.