Illinois · Nonprofit
MIDWEST MEMBERS CREDIT UNION
MIDWEST MEMBERS CREDIT UNION (Illinois) receives grants from 1 organization whose IRS filings report $61,407 to it, the largest being ILLINOIS CREDIT UNION FOUNDATION ($61,407). 0 of them have funded it in more than one year.
- Revenue FY2024
- $12M
- Funders on record
- 1
- Grants received
- $61k
- Net assets
- $23M
What Midwest Members Credit Union does
Mission
Midwest Members Credit Union will become the area's full service credit union of choice by providing convenient member access to a wide range of financial services.
As stated on its FY2024 Form 990.
Programs
On its FY2025 return the organization reported a significant change in how it conducts a program.
Home banking provider changed core system provider changed
Its own explanation, from Schedule O of that return (Part III, line 3).
Provides financial and financially related services to 17,590 members.
Provides a source of credit to members at a fair and reasonable rate of interest. As of december 31, 2025, loans outstanding totaled $161,376,278.
Paid dividends on member deposits totaling $1,959,569 for the year.
The 3 programs described on its FY2025 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.
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 $161M to $189M (+17%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.
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.
Chief executive
Louis Bicanic Iii
President/CEO
Board chair
Gerard Jacquin
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of MIDWEST MEMBERS 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.
Where its funders are
100% of MIDWEST MEMBERS CREDIT UNION's grant income comes from Illinois funders.
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.
Organizations like MIDWEST MEMBERS 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
Read directly from this organization’s own Form 990, as neutral context.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for MIDWEST MEMBERS 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.
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 MIDWEST MEMBERS CREDIT UNION?
- MIDWEST MEMBERS CREDIT UNION (Illinois) receives grants from 1 organization whose IRS filings report $61,407 to it, the largest being ILLINOIS CREDIT UNION FOUNDATION ($61,407). 0 of them have funded it in more than one year.
- How many funders does MIDWEST MEMBERS CREDIT UNION have?
- IRS filings report 1 organization giving $61,407 in grants to MIDWEST MEMBERS CREDIT UNION.
- Who is the largest funder of MIDWEST MEMBERS CREDIT UNION?
- ILLINOIS CREDIT UNION FOUNDATION is the largest funder on record, with $61,407 in grants. The full list of funders is on this page.
- How can an organization like MIDWEST MEMBERS 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 1 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