Members First Community Credit Union in Quincy, Illinois (IL)

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Members First Community Credit Union
Employer Identification Number (EIN)370811658
Name of OrganizationMembers First Community Credit Union
In Care of NameTeri Mcewen
Address1201 N 24th St, Quincy, IL 62301-2232
SubsectionCredit Union
Ruling Date10/2001
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$39,178,838
Amount of Income$2,569,646
Form 990 Revenue Amount$2,569,646
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Credit Unions


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Amount of income in 2012: $2,569,646 (it was $2,511,997 in 2011)
Members First Community Credit Union: 

 $2,569,646
Other organizations performing similar types of work: 

 $1,071,964

Assets in 2012: $39,178,838 (it was $36,927,852 in 2011)
Members First Community Credit Union: 

 $39,178,838
Other organizations performing similar types of work: 

 $19,820,980

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,511,997
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,489,121
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$22,876
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,769,683
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$535,689
Payroll taxes$43,939
Professional fundraising services$0
Other$1,190,055
Balance Sheet (for 2011)
Total assets$36,927,852
Total liabilities$33,026,391
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$33,026,391
Total net assets or fund balances$3,901,461
Retained earnings, endowment, accumulated income, or other funds$3,901,461
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Iowa Corporate Central Credit Union, Allen Hospital Personnel Credit1825 Logan Ave, Waterloo, IA 50703-1916IA2007-06$339,962,085
2United Credit Union4444 S Pulaski Rd, Chicago, IL 60632-4011IL2001-02$9,430,181
3Alliant Credit Union11545 W Touhy Ave, Chicago, IL 60666-5000IL1964-10$779,236,375
4Citizens Equity First Credit Union5401 W Dirksen Pkwy, Peoria, IL 61607-1188IL2001-10$229,196,364
5Baxter Credit Union340 N Milwaukee Ave, Vernon Hills, IL 60061-1533IL2003-02$164,700,546
6Deere Employees Credit UnionPO BOX 339, Moline, IL 61266-0339IL1935-10$27,320,965
7Dhcu Community Credit Union1900 52nd Ave, Moline, IL 61265-6380IL1936-09$24,447,793
8Abbott Laboratories Employer Credit Union401 N Riverside Drive, Gurnee, IL 60031-5907IL2001-07$21,194,719
9Illiana Financial Credit Union1600 Huntington Dr, Calumet City, IL 60409-5404IL2001-08$16,149,323
10Numark Credit Union1654 Terry Dr, Joliet, IL 60436-9539IL1954-08$13,735,369
11Financial Plus Credit Union800 Chestnut St, Ottawa, IL 61350-4907IL1951-08$11,049,473
12Hawthorne Credit Union1519 N Naper Blvd, Naperville, IL 60563-1501IL1977-12$10,927,143
13Community Trust Credit Union1313 N Skokie Hwy, Gurnee, IL 60031-2126IL1960-09$8,261,193
14Iaa Credit Union808 Iaa Dr, Bloomington, IL 61701-2214IL2000-09$7,042,977
15Cornerstone Credit Union550 W Meadows Dr, Freeport, IL 61032-7610IL1941-09$5,933,557
16Premier Credit Union, Northwest Ridge Salon #573812 Elm St, Park Ridge, IL 60068IL1961-09$5,866,814
17Northstar Credit Union3s555 Winfield Rd, Warrenville, IL 60555-3148IL2001-03$4,349,381
18Niles Township Schools Credit Union5940 Lincoln Ave, Morton Grove, IL 60053-3350IL1958-04$2,864,198
19Landmark Credit Union506 W Fairchild St, Danville, IL 61832-3802IL1944-01$2,837,574
20Members First Community Credit Union1201 N 24th St, Quincy, IL 62301-2232IL2001-10$2,569,646
Number of organizations performing similar types of work
Arizona1
California10
Florida1
Georgia53
Iowa136
Idaho2
Illinois51
Kansas1
Massachusetts1
Mississippi3
North Dakota1
New York1
Oklahoma3
Oregon1
Pennsylvania2
Rhode Island1
Tennessee1
Texas1
Virginia2
Washington2
Wisconsin1
International4
Total279

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