REDBRAND CREDIT UNION

EIN: 370693937

BARTONVILLE, IL

Total Revenue
$3,880,656
Total Expenses
$3,340,409
Total Assets
$73,764,540
Net Assets
$8,232,508
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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
1952
Legal Domicile
IL
Principal Officer
KELLY PEARCE
Phone
3096971447
Tax Period
2025-01-01 to 2025-12-31

REDBRAND CREDIT UNION, founded in 1952, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2025. Expenses of $3.3M left a modest 14% surplus.

Mission

REDBRAND CREDIT UNION IS A MEMBER-OWNED, NOT-FOR-PROFIT, FINANCIAL COOPERATIVE. OUR CONTINUING GOALS ARE TO PROMOTE THRIFT AND TO PROVIDE THE HIGHEST QUALITY, COMPETITIVE SERVICES AND BENEFITS FOR

Program Service Accomplishments

Program 1

PROVIDED CONSUMER LENDING AND RECEIVED DEPOSITS FROM THE CREDIT UNION MEMBERSHIP. THE CREDIT UNION SERVICES IN EXCESS OF 15,800 MEMBER SHARE TYPE ACCOUNTS AND 2,900 LOAN TYPE ACCOUNTS.

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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 $3,180,267
Investment Income $700,389
Other Revenue $0
TOTAL REVENUE $3,880,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,191,877
Fundraising Expenses $0
Other Expenses $2,148,532
TOTAL EXPENSES $3,340,409

Year-over-Year Comparison

2025 2024 Change
Revenue $3,880,656 $3,781,977 +0.0%
Expenses $3,340,409 $3,227,254 +0.0%
Net Income $540,247 $554,723 0.0%
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
7
Independent Members
6
Employees
29
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
1
$168,765
Total Directors
7
$168,765
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF RATHMEL DIRECTOR 1.00
Director
$0 $0 $0
TROY HATTERMANN CHAIRMAN 1.00
Director
$0 $0 $0
NATHAN THOMAS VICE CHAIR 1.00
Director
$0 $0 $0
WILLIAM CLARK DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER HUGHES SEC/TREAS 1.00
Director
$0 $0 $0
BRIAN SCHMIDGALL DIRECTOR 1.00
Director
$0 $0 $0
KELLY PEARCE PRESIDENT/MANAGER 40.00
Officer Director
$138,404 $30,361 $168,765
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 $3,880,656 $3,340,409 $73,764,540 $540,247
2024 No data No data No data No data
2023 $3,522,942 $2,998,048 $74,604,863 $524,894
2022 $3,375,198 $2,764,499 $75,687,181 $610,699
2021 $3,102,693 $2,827,534 $74,619,308 $275,159
2020 $3,272,605 $3,187,698 $68,016,557 $84,907
2019 $3,496,982 $3,302,476 $59,079,013 $194,506
2018 $3,537,506 $3,403,765 $58,376,950 $133,741
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