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

Overview

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Est.

1990

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Abbott Laboratories Employees Credit Union (ALEC) is a nonprofit organization dedicated to enhancing the financial well-being of its members and employees through credit union services. With an operating budget of $21.3 million and total revenue of $52.2 million for the 2024 filing year, ALEC operates with a strong financial foundation. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.alecu.org.

Mission Statement

TO MAKE A DIFFERENCE IN THE LIVES AND FINANCIAL WELL-BEING OF OUR MEMBERS AND EMPLOYEES.
Revenues

$52.2M

Expenses

$40.9M

Net Income:
+$11.3M
Assets

$1B

Liabilities

$908.9M

Net Assets:
+$128.9M
Operating Budget

$21.3M

Operating Budget by Year

Due Diligence

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IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Joseph Trosclair
Board Member
M
Mark Stoffel
Board Member
R
Robert Reiser
Board Member

Frequently Asked Questions

What is ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC)’s budget?
In 2024, ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC) reported an annual operating budget of around $21.3 million. More detailed financial information is available to registered users.
What causes does ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC) support?
ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC) supports work in Credit unions.
Where does ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC) operate?
ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC) is headquartered in Gurnee, IL.
Overview
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