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Illinois · Nonprofit

CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION

CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION (Illinois) receives grants from 2 organizations whose IRS filings report $39,500 to it, the largest being INCLUSIV INC ($29,500). 1 of them have funded it in more than one year.

Revenue FY2024
$4.1M
Funders on record
2
Grants received
$40k
Net assets
$889k
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Chicago Municipal Employee's Credit Union does

Mission

To give members the ability to control their financial destiny by providing members with the means to satisfy their needs for financial services in a comfortable family-like environment. In doing so, the credit union strives to maintain long-term relationships with members.

As stated on its FY2024 Form 990.

Programs

  1. Credit union makes and services consumer and real estate loans to members. The number of loans outstanding at 12/31/24 was 4,095 for a total of 33,288,880.

  2. Credit union pays dividends to its members on share deposit accounts at a market rate of interest. Total number of share accounts at 12/31/24 was 11,592 in the amount of 56,905,846.

The 2 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($2.6M) Net assets 100 ($5.2M)2018 Revenue 105 ($2.8M) Expenses 110 ($2.9M) Net assets 98 ($5.1M)2019 Revenue 102 ($2.7M) Expenses 115 ($3.0M) Net assets 92 ($4.7M)2020 Revenue 92 ($2.4M) Expenses 111 ($2.9M) Net assets 83 ($4.3M)2021 Revenue 124 ($3.2M) Expenses 112 ($2.9M) Net assets 109 ($5.6M)2022 Revenue 147 ($3.9M) Expenses 144 ($3.7M) Net assets 112 ($5.8M)2023 Revenue 153 ($4.0M) Expenses 180 ($4.7M) Net assets 56 ($2.9M)2024 Revenue 155 ($4.1M) Expenses 296 ($7.7M) Net assets 17 ($889k)
'17'18'19'20'21'22'23'24
Revenue (155)Expenses (296)Net assets (17)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $49M to $62M (+28%).

$38M
$38M
$39M
$49M
$62M
$58M
$59M
$58M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$37k
’17
−$92k
’18
−$312k
’19
−$449k
’20
$337k
’21
$137k
’22
−$648k
’23
−$3.6M
’24
30
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

David Bryant

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed981099998
Joined·+1+3+0+1+0+0+1
No longer listed·2111002
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $8k → $11k.

Funder
'20
'23
'24*
total
Inclusiv Incunclassified
$30k
funders
1
1
2

From the IRS filings of CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION.

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION draws 75% of its grant income from funders outside Illinois, across 2 states in all.

IL
NY

In-state vs out-of-state, by year

’20
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.6M on record.

Federal$2.6M
grants $2.6Mcontracts $0
21
23
24
Top agencies
  • Department of the Treasury$2.6M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION?
CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION (Illinois) receives grants from 2 organizations whose IRS filings report $39,500 to it, the largest being INCLUSIV INC ($29,500). 1 of them have funded it in more than one year.
How many funders does CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION have?
IRS filings report 2 organizations giving $39,500 in grants to CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION, 1 of which have funded it in more than one year.
Who is the largest funder of CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION?
INCLUSIV INC is the largest funder on record, with $29,500 in grants. The full list of funders is on this page.
How can an organization like CHICAGO MUNICIPAL EMPLOYEE'S CREDIT UNION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Chicago Municipal Employee's Credit Union →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing