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1ST MIDAMERICA CREDIT UNION

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Public IRS 990 nonprofit record

1ST MIDAMERICA CREDIT UNION

EIN 37-0580723 · Telecommunications (W50)

What they do

The Objectives of 1st MidAmerica Credit Union Are to Know and Meet Financial Needs of Our Members, to Maintain Long Term Financial Soundness, to Be Active In Community Affairs, and to Be A Preeminent Service Provider to Our Members. We Are Continually Expanding Our List of Services to Better Meet The Financial Needs of Our Members.

Before you give

Should I give to this charity?

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We do not have enough spending detail

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Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

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

$88.40spent for every $100 of revenueRevenue covered expenses this year.
$16.93in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $1,815,914 for ALAN MEYER (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$66,844,817
Expenses$59,092,699
Annual surplus $7,752,118 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$66,844,817
Expenses$59,092,699
Assets$1,000,354,535
Income$66,862,934
Accounting fees$284,514
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
ALAN MEYERPRESIDENT/CEO · 50 hrs/week $1,815,914Base $1,028,397 · Other $787,517
JAMES CHERRYCHIEF INFORMATION OFFICER · 50 hrs/week $652,758Base $468,897 · Other $183,861
TERRI HERBSTREITVICE PRESIDENT OF ACCOUNTING · 50 hrs/week $488,569Base $308,503 · Other $180,066
ROBERT BLACKLOCKCHIEF FINANCIAL OFFICER · 50 hrs/week $432,554Base $323,537 · Other $109,017
PERRY WITHERSCHIEF LENDING OFFICER · 50 hrs/week $397,427Base $266,533 · Other $130,894
AMBER SCOTTCHIEF EXPERIENCE OFFICER · 50 hrs/week $264,238Base $221,036 · Other $43,202
ELYSA ROBINVP OF HUMAN RESOURCES · 50 hrs/week $248,522Base $220,695 · Other $27,827
BRENDA JACKSONVICE PRESIDENT BRANCH OPERATIONS · 50 hrs/week $212,163Base $178,302 · Other $33,861
GARY HOGGATT JRVICE PRESIDENT OF MORTGAGE SERVICES · 50 hrs/week $178,709Base $142,091 · Other $36,618
BRETT PONTVICE PRESIDENT OF COMMERCIAL LENDING · 50 hrs/week $168,091Base $160,854 · Other $7,237

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)

ALAN MEYERPRESIDENT/CEO

JAMES CHERRYCHIEF INFORMATION OFFICER

TERRI HERBSTREITVICE PRESIDENT OF ACCOUNTING

ROBERT BLACKLOCKCHIEF FINANCIAL OFFICER

PERRY WITHERSCHIEF LENDING OFFICER

AMBER SCOTTCHIEF EXPERIENCE OFFICER

ELYSA ROBINVP OF HUMAN RESOURCES

BRENDA JACKSONVICE PRESIDENT BRANCH OPERATIONS

GARY HOGGATT JRVICE PRESIDENT OF MORTGAGE SERVICES

BRETT PONTVICE PRESIDENT OF COMMERCIAL LENDING

TIMOTHY KALLALDIRECTOR

ROSEMARY GIBSONCHAIRMAN

REBECCA ALEXANDERDIRECTOR

LORI ARTISDIRECTOR

JOSHUA EVANSDIRECTOR

HENRY VIZESECRETARY

CHRIS GREERTREASURER

BILL MEYERDIRECTOR

ANDREW MACIASVICE CHAIRMAN

About this charity

Recognized since
January 1955
Location
731 E BETHALTO DR, BETHALTO, IL 62010-1872
County
Madison
In care of
% ROBERT BLACKLOCK
Primary officer
Rosemary Gibson, Chairman of the Board

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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