COOPERATIVE CHOICE NETWORK CREDIT UNION

EIN: 370216685

PEORIA, IL

Total Revenue
$10,741,263
Total Expenses
$9,992,625
Total Assets
$201,748,995
Net Assets
$25,370,425
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
IL
Principal Officer
JOE WEBB
Phone
3096725230
Tax Period
2025-01-01 to 2025-12-31

COOPERATIVE CHOICE NETWORK CREDIT UNION, founded in 2000, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2018. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $5.3M left a modest 9% surplus.

Mission

FOCUS ON PERSONAL ATTENTION TO ACHIEVE THE FINANCIAL NEEDS OF EACH MEMBER AND ALLOW THEM TO ACHIEVE THEIR FINANCIAL GOALS.

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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 $8,010,015
Investment Income $2,624,607
Other Revenue $106,641
TOTAL REVENUE $10,741,263

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,179,282
Fundraising Expenses $0
Program Expenses $9,992,625
Other Expenses $7,813,343
TOTAL EXPENSES $9,992,625

Year-over-Year Comparison

2025 2024 Change
Revenue $10,741,263 $8,691,075 +0.2%
Expenses $9,992,625 $8,505,156 +0.2%
Net Income $748,638 $185,919 +3.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
34
Volunteers
11

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
6
$353,180
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MACHENS CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEPHEN FRIEDMAN VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
ALEX PRATHER TREASURER 1.00
Officer Director
$0 $0 $0
MICHELLE CRAMER SECRETARY 1.00
Officer Director
$0 $0 $0
DENNIS KOCH SUPERVISORY CHAIR 1.00
Director
$0 $0 $0
ART ROHMAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN GERMAN DIRECTOR 1.00
Director
$0 $0 $0
JADA WARMICK DIRECTOR 1.00
Director
$0 $0 $0
CHRIS ROEDELL DIRECTOR 1.00
Director
$0 $0 $0
STACY CONNOR DIRECTOR 1.00
Director
$0 $0 $0
DANIEL BRIAN DIRECTOR 1.00
Director
$0 $0 $0
JOE WEBB PRESIDENT 40.00
Officer
$176,762 $31,650 $208,412
KATIE FEHL CHIEF FINANCIAL OFFICER 40.00
Officer
$128,864 $15,904 $144,768
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 $10,741,263 $9,992,625 $201,748,995 $748,638
2024 $8,691,075 $8,505,156 $195,712,255 $185,919
2023 $7,257,830 $7,221,170 $173,821,450 $36,660
2022 $6,257,401 $5,768,337 $176,449,588 $489,064
2021 $6,211,343 $5,330,902 $169,089,377 $880,441
2020 $5,576,450 $5,706,311 $153,687,813 $-129,861
2019 $5,862,724 $5,579,194 $123,778,802 $283,530
2018 $5,796,615 $5,255,452 $121,706,317 $541,163
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