Indiana University Credit Union
501(c)(14)
Strong reserves Growing revenue
Indiana University Credit Union is a 501(c)(14) organization based in Bloomington, Indiana, registered in 2019, with $94,288,835 in FY2024 revenue.
Po Box 368, Bloomington, IN, 47402 EIN 35-0987917 Since 2019
Revenue (FY2024)
$94.3M
▲ 26.0% vs prior year
Expenses (FY2024)
$78.8M
Net assets
$1.7B
Employees
239
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Indiana University Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating258 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Indiana University Credit Union: 258 mo reserves · +16% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Indiana University Credit Union: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Indiana University Credit Union: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
State chartered credit union
Contact & location
- Address
- Po Box 368, Bloomington, IN, 47402
- City
- Bloomington
- State
- Indiana
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.0M (FY2013) to $94.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $64.1MNet assets $1.7B
Operating margin
16.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$64.1M
Net assets
$1.7B
Salaries & benefits
$21.5M
27% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $94,288,835▲26.0% | $78,828,373▲25.4% | $1,695,452,276▲12.7% | $1,759,542,336▲5.3% | 990 |
| 2023 | $74,827,152▲32.0% | $62,883,030▲54.0% | $1,504,364,541▲2.2% | $1,671,616,966▲6.8% | 990 |
| 2022 | $56,693,244▲11.2% | $40,838,577▲14.4% | $1,471,293,408▲0.9% | $1,565,475,253▲3.1% | 990 |
| 2021 | $50,961,193▲4.4% | $35,685,902▼5.4% | $1,458,193,126▲13.1% | $1,518,070,335▲12.5% | 990 |
| 2020 | $48,794,263▼0.3% | $37,718,462▼1.6% | $1,289,189,618▲16.5% | $1,349,340,515▲17.8% | 990 |
| 2019 | $48,949,808▲8.0% | $38,340,651▲16.5% | $1,106,474,361▲12.1% | $1,144,998,039▲14.7% | 990 |
| 2018 | $45,318,251▲15.8% | $32,911,597▲14.6% | $986,806,142▲5.8% | $998,123,805▲5.7% | 990 |
| 2017 | $39,127,902▲12.1% | $28,710,931▲4.6% | $932,600,306▲6.2% | $944,035,155▲6.1% | 990 |
| 2016 | $34,912,718▲8.0% | $27,445,984▲9.8% | $877,984,893▲7.3% | $889,854,390▲7.6% | 990 |
| 2015 | $32,324,334▲2.6% | $24,985,652▲2.8% | $818,534,941▲6.1% | $827,277,909▲6.0% | 990 |
| 2014 | $31,502,785▲5.1% | $24,316,166▼0.1% | $771,383,357▲3.6% | $780,556,855▲3.5% | 990 |
| 2013 | $29,966,701 | $24,329,887▲0.1% | $744,422,656▲3.8% | $753,893,028▲3.8% | 990 |
| 2012 | — | $24,299,685▼3.8% | $717,272,105▲6.4% | $726,238,204▲6.4% | 990 |
| 2011 | — | $25,248,301▼4.8% | $674,208,902▲8.0% | $682,811,931▲8.1% | 990 |
| 2010 | — | $26,513,730 | $624,516,882 | $631,755,855 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Bryan W Price — $723,954 (0.92% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bryan W Price | President and Ceo | 40 | $723,954 |
| Andrew Allard | Svp, Chief Operating Officer | 40 | $326,788 |
| Julie Ragsdale | Svp, Chief Administrative Officer | 40 | $311,946 |
| Chris Hawk | Svp, Cfo | 40 | $297,008 |
| Sarah Rogers | Svp Business Services | 40 | $246,489 |
| David Sipes | Svp Chief Marketing Officer | 40 | $227,320 |
| Teddie Gambler | Svp Chief Information Officer | 40 | $225,450 |
| Scott Trilling | Vp Business Services | 40 | $174,478 |
| Anthony Rastall | Vp Business Services | 40 | $166,353 |
| Amy Doan | Vp Business Services | 40 | $161,068 |
| Lori Forrester | Vp Member Service Support | 40 | $146,204 |
| Georgeanna Sims | Vp Branch Administration | 40 | $144,576 |
| Doris Sims | Board Chair | 4 | $2,963 |
| Veda Walcott | Board Vice Chair | 2 | $755 |
| Avalyn Quick | Former Director | 2 | $631 |
| Brad Heim | Board Treasurer | 2 | $631 |
| Scott Smart | Director | 2 | $631 |
| Andrea Mobley | Director | 2 | — |
| Dennis Cromwell | Board Past Chair | 2 | — |
| Denvil Duncan | Board Secretary | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Jack Henry & Assoc | Core Credit Union Os | $1,190,353 |
| Ncr Voyix Corportation | Online Banking, Mobile Tech | $1,173,958 |
| Cdw Direct LLC | Technology Hardware and Software Reseller | $414,880 |
| Iu Sports Properties | Sponsorship and Advertising | $365,053 |
| Docusign Inc | Electronic Signature Solution Provider | $316,137 |
Grants made · $63K in FY2024
3 grants totaling $63K in FY2024. All grants made by Indiana University Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Community Kitchen of Monroe County Inc | To work alone and in collaboration with others to eliminate hunger in monroe county and surrounding areas through direct service, education and advocacy. | $30,000 |
| United Way of Monroe County Inc | To improve lives by caring power of communities around the world to advance the common good. | $22,711 |
| Habitat For Humanity International Inc | To eliminate poverty housing by building decent, affordable homes in partnership with qualifying families. | $10,000 |
Frequently asked questions
- Is Indiana University Credit Union a legitimate nonprofit?
- Yes. Indiana University Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 35-0987917, based in Bloomington, Indiana.
- What is Indiana University Credit Union's EIN?
- Indiana University Credit Union's Employer Identification Number (EIN) is 35-0987917.
- How much revenue does Indiana University Credit Union report?
- Indiana University Credit Union reported $94,288,835 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Indiana University Credit Union's highest-paid employee make?
- The highest reported compensation on Indiana University Credit Union's latest Form 990 is $723,954, paid to Bryan W Price (President and Ceo).
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Data for Indiana University Credit Union (EIN 35-0987917) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.