Tee-pak Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
Tee-pak Credit Union is a 501(c)(14) organization based in Danville, Illinois, registered in 1950, with $1,438,747 in FY2024 revenue. CharityIndex grades it C.
3591 N Vermilion St, Danville, IL, 61832 EIN 36-6054546 Since 1950
Revenue (FY2024)
$1.4M
▲ 1.5% vs prior year
Expenses (FY2024)
$1.6M
Net assets
$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Tee-pak 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 →
C+Financial health25% of the rating27 mo reserves · -15% 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 Tee-pak Credit Union: 27 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Tee-pak 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 →
DTransparency10% of the rating1 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 Tee-pak Credit Union: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $977K (FY2013) to $1.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $21.8MNet assets $3.7M
Operating margin
-14.7%
Spent more than it raised in the latest fiscal year.
Total assets
$25.5M
Total liabilities
$21.8M
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,438,747▲1.5% | $1,649,775▲26.6% | $3,725,635▼5.4% | $25,481,796▲3.8% | 990 |
| 2023 | $1,416,954▲39.3% | $1,302,928▲19.4% | $3,936,663▼0.7% | $24,559,295▲7.3% | 990 |
| 2022 | $1,016,883▼1.0% | $1,091,226▲15.8% | $3,963,169▼2.0% | $22,888,887▲1.0% | 990 |
| 2021 | $1,027,236▲7.7% | $942,592▲1.3% | $4,043,136▲2.1% | $22,667,971▲4.3% | 990 |
| 2020 | $953,597▼8.5% | $930,391▲1.9% | $3,958,492▲0.6% | $21,742,518▲5.1% | 990 |
| 2019 | $1,042,415▲4.9% | $912,665▲9.3% | $3,935,286▲3.4% | $20,696,158▲7.2% | 990 |
| 2018 | $993,667▲5.5% | $834,898▼2.2% | $3,805,536▲4.4% | $19,306,613▼0.4% | 990 |
| 2017 | $941,846▼3.2% | $853,420▲2.5% | $3,646,767▲2.5% | $19,382,438▲3.2% | 990 |
| 2016 | $972,647▲2.8% | $832,828▲3.8% | $3,558,341▲4.1% | $18,776,487▲2.8% | 990 |
| 2015 | $946,322▼2.2% | $802,276▲1.1% | $3,418,522▲4.4% | $18,272,792▲1.0% | 990 |
| 2014 | $967,458▼1.0% | $793,893▼4.5% | $3,274,476▲5.6% | $18,092,264▲6.7% | 990 |
| 2013 | $977,057 | $831,274▼0.4% | $3,100,911▲4.9% | $16,948,740▲0.1% | 990 |
| 2012 | — | $834,926▲2.2% | $2,955,128▲4.3% | $16,929,634▲4.3% | 990 |
| 2011 | — | $817,195▲0.9% | $2,834,193▲4.3% | $16,235,262▲11.7% | 990 |
| 2010 | — | $809,699 | $2,718,226 | $14,531,745 | 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.
Frequently asked questions
- Is Tee-pak Credit Union a legitimate nonprofit?
- Yes. Tee-pak Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 36-6054546, based in Danville, Illinois.
- What is Tee-pak Credit Union's EIN?
- Tee-pak Credit Union's Employer Identification Number (EIN) is 36-6054546.
- How much revenue does Tee-pak Credit Union report?
- Tee-pak Credit Union reported $1,438,747 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tee-pak Credit Union have?
- CharityIndex grades Tee-pak Credit Union C, based on financial health (reserves and operating margin).
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Data for Tee-pak Credit Union (EIN 36-6054546) 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.