IH MISSISSIPPI VALLEY CREDIT UNION Charity Report

Public IRS 990 nonprofit record

IH MISSISSIPPI VALLEY CREDIT UNION

EIN 36-2523206 · Telecommunications (W50)

What they do

IH MISSISSIPPI VALLEY CREDIT UNION is A MEMBER OWNED COOPERATIVE DEDICATED to HELPING OUR MEMBERS, OUR TEAM MEMBERS, and OUR COMMUNITIES ALONG THEIR FINANCIAL PATH.

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Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$92.15spent for every $100 of revenueRevenue covered expenses this year.

$14.77in assets for every $1 spent this yearSome assets cannot be spent right away.

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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $791,724 for BRIAN LAUFENBERG (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$158,174,559

Expenses$145,755,350

Annual surplus $12,419,209 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$158,174,559

Expenses$145,755,350

Assets$2,152,316,383

Income$176,799,967

Grants given$607,040

Average grant$10,289

Stocks and bonds$164,259,337

Accounting fees$415,136

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRIAN LAUFENBERGPRESIDENT/CEO · 40 hrs/week $791,724Base $746,529 · Other $45,195

ALLAN HOSACKCHIEF FINANCIAL OFFICER · 40 hrs/week $488,310Base $443,417 · Other $44,893

ANN MCMILLIANCHIEF OPERATING OFFICER · 40 hrs/week $481,352Base $436,894 · Other $44,458

LISA MILANOCHIEF RISK MANAGEMENT OFFICER · 40 hrs/week $481,160Base $436,702 · Other $44,458

JULIE STICKNEYCHIEF RESOURCE OFFICER · 40 hrs/week $432,728Base $390,289 · Other $42,439

ROBERT ROSEMANVP INDIRECT BUSINESS DEVELOPMENT · 40 hrs/week $382,595Base $351,816 · Other $30,779

AJAY SINGHSVP, LENDING · 40 hrs/week $328,575Base $290,548 · Other $38,027

JUSTIN JOHNSONSVP, SALES AND MARKETING · 40 hrs/week $275,560Base $240,010 · Other $35,550

DANIELLE SONSSVP, FINANCE · 40 hrs/week $272,235Base $236,590 · Other $35,645

LINDSEY RAMOSSVP, MEMBER EXPERIENCE · 40 hrs/week $266,829Base $231,574 · Other $35,255

JEFF CARRDIRECTOR · 2 hrs/week $8,709

SAM KUPRESINBOARD CHAIRMAN · 2 hrs/week $6,846

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

BRIAN LAUFENBERGPRESIDENT/CEO

ALLAN HOSACKCHIEF FINANCIAL OFFICER

ANN MCMILLIANCHIEF OPERATING OFFICER

LISA MILANOCHIEF RISK MANAGEMENT OFFICER

JULIE STICKNEYCHIEF RESOURCE OFFICER

ROBERT ROSEMANVP INDIRECT BUSINESS DEVELOPMENT

AJAY SINGHSVP, LENDING

JUSTIN JOHNSONSVP, SALES AND MARKETING

DANIELLE SONSSVP, FINANCE

LINDSEY RAMOSSVP, MEMBER EXPERIENCE

JEFF CARRDIRECTOR

SAM KUPRESINBOARD CHAIRMAN

TIM CONSIDINEDIRECTOR

THOMAS CHIP IRWINBOARD SECRETARY/TREASURER

KRISTIN BERRYVICE CHAIRPERSON

MATT MENDANHALLDIRECTOR

MEGAN EARLYDIRECTOR

LARRY WIEMERSDIRECTOR

THOMAS TERRONEZDIRECTOR

About this charity

Recognized since: January 1936
Location: 2500 RIVER DR, MOLINE, IL 61265-1670
County: Rock Island
In care of: % ABBY FRIEL
Primary officer: DARLENE M REED, VP TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(309) 793-6200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Telecommunications (W50)
IRS tax category: Telecommunications
Grant-giving organization: Yes