AI Summary
Bloomington Municipal Credit Union, identified by EIN 37-6040165, is a nonprofit organization dedicated to providing low-interest loans while returning profits to its members in the form of dividends. With an operating budget of $1.3 million and total revenue of $1.9 million for the filing year 2024, it primarily serves its members without reliance on a single funder for more than 50% of its revenue. The organization is committed to serving its community through its mission-focused approach to credit union services.
Mission Statement
IT STRIVES TO PROVIDE LOW INTEREST LOANS AND RETURN ALL POSSIBLE PROFITS TO MEMBERS IN THE FORM OF DIVIDENDS. THIS CREDIT UNION EXISTS SOLEY TO SERVE ITS MEMBERS.
Cause Areas
1
Credit unions
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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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Funder
Total Funding
Funding Share
ILLINOIS CREDIT UNION FOUNDATION
Naperville, IL, US
$739.1K
2%
Frequently Asked Questions
What is BLOOMINGTON MUNICIPAL CREDIT UNION’s budget?
In 2024, BLOOMINGTON MUNICIPAL CREDIT UNION reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does BLOOMINGTON MUNICIPAL CREDIT UNION support?
BLOOMINGTON MUNICIPAL CREDIT UNION supports work in Credit unions.
Where does BLOOMINGTON MUNICIPAL CREDIT UNION operate?
BLOOMINGTON MUNICIPAL CREDIT UNION is headquartered in Bloomington, IL.
Who funded BLOOMINGTON MUNICIPAL CREDIT UNION recently?
In 2024, BLOOMINGTON MUNICIPAL CREDIT UNION received grants from ILLINOIS CREDIT UNION FOUNDATION and ILLINOIS CREDIT UNION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BLOOMINGTON MUNICIPAL CREDIT UNION received in 2024?
The largest grant to BLOOMINGTON MUNICIPAL CREDIT UNION in 2024 exceeds $10 thousand.