Overview

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Est.

1947

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

GALE CREDIT UNION is a nonprofit organization dedicated to promoting thrift and providing high-quality, competitive services and benefits to its members, while ensuring long-term financial stability. With an operating budget of $3.2 million and total revenue of $3.7 million for the filing year 2024, the organization focuses on the credit union sector. There is no indication that GALE CREDIT UNION relies on a single funder for 50% or more of its revenue.

Mission Statement

TO PROMOTE THRIFT AND TO PROVIDE THE HIGHEST QUALITY COMPETITIVE SERVICES AND BENEFITS TO ITS MEMBERS, WHILE ASSURING THE CREDIT UNIONS LONG-TERM FINANCIAL STABILITY.
Revenues
$3.7M
Expenses
$3.2M
Net Income:
+$468.1K
Assets
$59.9M
Liabilities
$53M
Net Assets:
+$6.9M
Operating Budget
$3.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
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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R
Randy D McElwee
Board Member
J
Joy Skold
Board Member
B
Brett Stahl
Board Member

Frequently Asked Questions

What is GALE CREDIT UNION’s budget?
In 2024, GALE CREDIT UNION reported an annual operating budget of around $3.2 million. More detailed financial information is available to registered users.
What causes does GALE CREDIT UNION support?
GALE CREDIT UNION supports work in Credit unions.
Where does GALE CREDIT UNION operate?
GALE CREDIT UNION is headquartered in Galesburg, IL.