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CONSUMERS CREDIT UNION

EIN 36-1936022 Lake Forest, IL

Largest nonprofits in Illinois

Revenue 2024
$255,341,154
Expenses 2024
$244,056,037

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
14
Street
300 N Field Dr

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

CCU mission is: To be a trusted financial partner that empowers members to live better lives. We want to be the People in your Corner.

Activities or mission (Part I)

Consumers CU has been member owned since 1930. Currently we have 263,460 members. We provide lower loan rates, higher savings rates, lower fees and other financial services to our members to help them achieve their financial success. The People in your Corner.

  • Issued 19,502 loans to our members for $686,478,407. Issued 247 first mortgage loans for $65,008,335. Issued 33 Commercial loans for $57,306,300. Issued 767 HE and HELOC loans for $34,016,779. Issued 18,455 Consumer Loans and Indirect Loans for $530,146,993. Service $3,461,058,515 in total loans -on balance sheet, sold to Fannie Mae, Federal Home Loan Bank - Chicago, Freddie Mac and Indirect and commercial participations.

  • Provide Deposit Services to our members Products include: Savings, Checking, Money Market, Certificate of Deposits, IRA, and Commercial Accts. Members have $3,289,345,964 in total deposits. Paid members $61,506,197 in dividends during 2024.

  • We offer lower loan rates, lower fees, higher deposit rates on savings, CD's, and Checking accounts. We have lower fees-service charges on our products. We offer free Educational Seminars to members and non-members.

  • total expenses for CCU see part ix for detail

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Sean Rathjen

    CEO

    Total calculated
    $1,764,043
    From this org
    $1,736,765
    From related orgs
    $0
    Other
    $27,278
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $880,200
    Bonus
    $853,001
    Other
    $3,564
    Deferred
    $15,250
    Nontaxable benefits
    $12,028
    Filer's total
    $1,764,043
  • Michael Murphy

    President

    Total calculated
    $1,091,115
    From this org
    $1,061,330
    From related orgs
    $0
    Other
    $29,785
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $817,430
    Bonus
    $237,042
    Other
    $6,858
    Deferred
    $15,250
    Nontaxable benefits
    $14,535
    Filer's total
    $1,091,115
  • Sean Bowers

    CFO

    Total calculated
    $552,377
    From this org
    $526,231
    From related orgs
    $0
    Other
    $26,146
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,608
    Bonus
    $206,381
    Other
    $1,242
    Deferred
    $11,912
    Nontaxable benefits
    $14,234
    Filer's total
    $552,377
  • Dan Nerroth

    CIO/COO

    Total calculated
    $526,077
    From this org
    $498,071
    From related orgs
    $0
    Other
    $28,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $337,506
    Bonus
    $159,755
    Other
    $810
    Deferred
    $7,874
    Nontaxable benefits
    $20,132
    Filer's total
    $526,077
  • Dave Valentine

    Chief Experience Officer/CLO

    Total calculated
    $474,790
    From this org
    $444,745
    From related orgs
    $0
    Other
    $30,045
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $310,388
    Bonus
    $133,871
    Other
    $486
    Deferred
    $8,381
    Nontaxable benefits
    $21,664
    Filer's total
    $474,790
  • Adam Saper

    CLO

    Total calculated
    $440,761
    From this org
    $431,304
    From related orgs
    $0
    Other
    $9,457
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $374,400
    Bonus
    $55,662
    Other
    $1,242
    Deferred
    $7,920
    Nontaxable benefits
    $1,537
    Filer's total
    $440,761
  • Cheryl Kubas

    CPO

    Total calculated
    $416,118
    From this org
    $408,581
    From related orgs
    $0
    Other
    $7,537
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,772
    Bonus
    $129,567
    Other
    $1,242
    Deferred
    $5,075
    Nontaxable benefits
    $2,462
    Filer's total
    $416,118
  • John Pawlowski

    VP Accounting

    Total calculated
    $404,952
    From this org
    $375,137
    From related orgs
    $0
    Other
    $29,815
    Hours/week
    4

    Schedule J breakdown matched by us

    Base
    $275,747
    Bonus
    $95,826
    Other
    $3,564
    Deferred
    $9,284
    Nontaxable benefits
    $20,531
    Filer's total
    $404,952
  • MaryFran Callahan

    CRO

    Total calculated
    $403,687
    From this org
    $394,954
    From related orgs
    $0
    Other
    $8,733
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,775
    Bonus
    $129,615
    Other
    $3,564
    Deferred
    $7,268
    Nontaxable benefits
    $1,465
    Filer's total
    $403,687
  • Christine Stotland

    VP Retail Sales & Service

    Total calculated
    $346,109
    From this org
    $321,874
    From related orgs
    $0
    Other
    $24,235
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,595
    Bonus
    $99,260
    Other
    $2,019
    Deferred
    $7,402
    Nontaxable benefits
    $16,833
    Filer's total
    $346,109
  • Matt Hancock

    VP Commercial

    Total calculated
    $339,404
    From this org
    $329,988
    From related orgs
    $0
    Other
    $9,416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,989
    Bonus
    $102,515
    Other
    $484
    Deferred
    $7,646
    Nontaxable benefits
    $1,770
    Filer's total
    $339,404
  • Michael Cublic

    VP Loans

    Total calculated
    $289,246
    From this org
    $269,691
    From related orgs
    $0
    Other
    $19,555
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,507
    Bonus
    $67,377
    Other
    $1,807
    Deferred
    $6,687
    Nontaxable benefits
    $12,868
    Filer's total
    $289,246
  • Scott Drabicki

    Board of Director - Chairperson

    Total calculated
    $0
    Hours/week
    5
  • John Fiore

    Board of Director

    Total calculated
    $0
    Hours/week
    2
  • Frank Soyka

    Board of Director - Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Denise Charts

    Board of Director - Secretary

    Total calculated
    $0
    Hours/week
    3
  • Spiro Giotis

    Board of Director

    Total calculated
    $0
    Hours/week
    2
  • Kenneth Robinson

    Board of Director - Supervisory Committee Chairperson

    Total calculated
    $0
    Hours/week
    2
  • John Janezic

    Board of Director

    Total calculated
    $0
    Hours/week
    2
  • Francine Frankie Masi

    Board of Director

    Total calculated
    $0
    Hours/week
    2
  • William Attea

    Board of Director

    Total calculated
    $0
    Hours/week
    2
  • Spirdoula Mavrothalastis

    Board of Director - At Large

    Total calculated
    $0
    Hours/week
    3
  • Bob Hubberts

    Board of Director - Finance Committee Chairperson

    Total calculated
    $0
    Hours/week
    2
  • Saba Shibberu

    Board of Director

    Total calculated
    $0
    Hours/week
    2
  • Demar Harris

    Board of Director - Vice Chairperson

    Total calculated
    $0
    Hours/week
    3

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $255,341,154
    Expenses
    $244,056,037
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $231,475,402
    Expenses
    $207,747,094
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $171,749,526
    Expenses
    $143,950,661
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $132,618,570
    Expenses
    $114,323,821
    Assets (EOY)
    $2,946,745,312
  • 2020 · 990

    Revenue
    $113,230,664
    Expenses
    $99,091,520
    Assets (EOY)
    $2,616,679,000
  • 2019 · 990

    Revenue
    $86,644,006
    Expenses
    $78,103,211
    Assets (EOY)
    $1,332,600,988
  • 2018 · 990

    Revenue
    $80,250,079
    Expenses
    $72,389,679
    Assets (EOY)
    $1,231,505,462
  • 2017 · 990

    Revenue
    $67,080,718
    Expenses
    $59,859,560
    Assets (EOY)
    $1,237,810,008
  • 2016 · 990

    Revenue
    $56,031,309
    Expenses
    $50,381,522
    Assets (EOY)
    $1,051,735,256
  • 2015 · 990

    Revenue
    $42,946,105
    Expenses
    $38,539,027
    Assets (EOY)
    $901,740,746
  • 2014 · 990

    Revenue
    $37,584,351
    Expenses
    $32,554,974
    Assets (EOY)
    $627,938,292
  • 2013 · 990

    Revenue
    $37,579,695
    Expenses
    $31,380,047
    Assets (EOY)
    $584,007,918
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $33,781,049
    Assets (EOY)
    $581,503,908

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.