STREATOR ONIZED CREDIT UNION

EIN: 362494471 Public & Societal Benefit

Streator, IL

Total Revenue
$34,476,897
Total Expenses
$31,448,872
Total Assets
$409,495,715
Net Assets
$63,431,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
IL
Principal Officer
Douglas Patterson
Phone
8156735577
Tax Period
2025-01-01 to 2025-12-31

STREATOR ONIZED CREDIT UNION, founded in 1939, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $34.5M in total revenue in fiscal year 2025. Expenses of $31.4M left a modest 9% surplus.

Mission

Credit Union will provide quality financial services that will enhance the economic and social well-being of the members and communities that it serves.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $31,882,877
Investment Income $2,570,187
Other Revenue $23,833
TOTAL REVENUE $34,476,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,188,020
Fundraising Expenses $0
Program Expenses $0
Other Expenses $21,260,852
TOTAL EXPENSES $31,448,872

Year-over-Year Comparison

2025 2024 Change
Revenue $34,476,897 $32,389,635 +0.1%
Expenses $31,448,872 $28,007,510 +0.1%
Net Income $3,028,025 $4,382,125 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
150
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
7
$49,795
Key Employees
1
$269,011
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Patterson CEO 40
Key Emp
$222,275 $46,736 $269,011
Angela Kusnerick COO 40
Highest
$158,126 $32,596 $190,722
Mandi Gillman CLO 40
Highest
$156,370 $25,603 $181,973
Andrew Threagill CIO 40
Highest
$145,864 $31,688 $177,552
Cheryl Davis CFO 40
Highest
$153,522 $19,000 $172,522
Michael Ralph Board Member 1
Director
$7,996 $0 $7,996
Harry Godfrey Vice Chairperson 1
Director
$7,956 $0 $7,956
Scott Bulthuis Chairperson 1
Director
$7,535 $0 $7,535
Tony Miles Board Treasurer 1
Director
$7,290 $0 $7,290
Nathan Darrow Secretary 1
Director
$6,790 $0 $6,790
Robert Lee Board Member 1
Director
$6,358 $0 $6,358
Scott Carpenter Board Member 1
Director
$5,870 $0 $5,870
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $34,476,897 $31,448,872 $409,495,715 $3,028,025
2024 $32,389,635 $28,007,510 $383,202,396 $4,382,125
2023 $27,275,166 $21,710,284 $356,243,779 $5,564,882
2022 $23,425,097 $17,003,612 $335,438,347 $6,421,485
2021 $20,466,912 $14,661,430 $322,868,914 $5,805,482
2020 $18,274,634 $15,260,537 $293,051,201 $3,014,097
2019 $16,385,295 $13,721,311 $254,906,098 $2,663,984
2018 $14,286,691 $11,885,366 $231,129,028 $2,401,325
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