ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC)
Pub 78

ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC)
Pub 78

Gurnee, IL, US
501(c)(14)
EIN
36-3679911

ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC)
Pub 78

Gurnee, IL, US
501(c)(14)
EIN
36-3679911

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$52,175,623

Program Services
64%
Investments
30%
Other
6%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$40,913,939

Benefits to Members
48%
Salaries & Benefits
28%
Other
13%
Offices, Occupancy & IT
5%
Fees to Service Providers
2%
Depreciation
2%
Advertising & Promotion
1%
Interest
<1%
Grants
<1%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$28,620,903
$33,336,136
+16%
Membership Dues
$0
$0
-
Investments
$12,591,132
$15,629,762
+24%
Other
$726,201
$3,209,725
+342%
Total Revenues
$41,938,236
$52,175,623
+24%
Expenses
2023
2024
Change
Grants
$7,556
$24,685
+227%
Benefits to Members
$11,714,683
$19,604,972
+67%
Salaries & Benefits
$10,314,795
$11,339,141
+10%
Fees to Service Providers
$809,190
$913,059
+13%
Advertising & Promotion
$468,251
$540,477
+15%
Offices, Occupancy & IT
$2,311,837
$2,147,544
-7%
Interest
$653,981
$178,467
-73%
Depreciation
$824,475
$789,304
-4%
Other
$4,555,560
$5,376,290
+18%
Total Expenses
$31,660,328
$40,913,939
+29%
Net income
2023
2024
Change
Net income
+$10,277,908
+$11,261,684
+10%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$31,660,328
$40,913,939
+29%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)