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Industrial Employees Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Summary charts: organization finances over time

Revenue
$494k (2024)

Expenses
$374k (2024)

Total Assets
$9.21M (2024)

Total Liabilities
$7.26M (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$494,132
Expenses
$373,976
Net Income
$120,156
Net Assets
$1,948,941
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $103,568
21.0%
Investment Income $390,564
79.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $129,688
34.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,207,222
Total Liabilities $7,258,281
Net Assets $1,948,941
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $51,450 $0 $4,009
Misty Ohair (Assistant Manager) $46,752 $0 $3,680
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
Don Kanselaar (President/Treasurer) $0 $0 $0
James Mcdannald (Secretary) $0 $0 $0
James Thomas (Chariperson Audit Committee) $0 $0 $0
Randy Berry (Audit Committee) $0 $0 $0
Pat Snider (Audit Committee) $0 $0 $0
Dennie Fenton (Chairperson Credit Committee) $0 $0 $0
Don Kanselaar (Credit Committee) $0 $0 $0
James Mcdannald (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$463,761
Expenses
$357,220
Net Income
$106,541
Net Assets
$1,828,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $95,445
20.6%
Investment Income $366,969
79.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,347
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,390
34.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,267,531
Total Liabilities $7,438,746
Net Assets $1,828,785
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $52,603 $0 $3,763
Misty Ohair (Assistant Manager) $42,087 $0 $3,273
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
Don Kanselaar (President/Treasurer) $0 $0 $0
James Mcdannald (Secretary) $0 $0 $0
James Thomas (Chariperson Audit Committee) $0 $0 $0
Randy Berry (Audit Committee) $0 $0 $0
Pat Snider (Audit Committee) $0 $0 $0
Dennie Fenton (Chairperson Credit Committee) $0 $0 $0
Don Kanselaar (Credit Committee) $0 $0 $0
James Mcdannald (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$412,880
Expenses
$328,223
Net Income
$84,657
Net Assets
$1,727,588
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $103,092
25.0%
Investment Income $306,023
74.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,765
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $109,784
33.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,552,521
Total Liabilities $8,824,933
Net Assets $1,727,588
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $52,230 $0 $3,438
Misty Ohair (Assistant Manager) $41,116 $0 $2,823
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
Don Kanselaar (President/Treasurer) $0 $0 $0
James Mcdannald (Secretary) $0 $0 $0
James Thomas (Chariperson Audit Committee) $0 $0 $0
Randy Berry (Audit Committee) $0 $0 $0
Pat Snider (Audit Committee) $0 $0 $0
Dennie Fenton (Chairperson Credit Committee) $0 $0 $0
Don Kanselaar (Credit Committee) $0 $0 $0
James Mcdannald (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$384,550
Expenses
$295,790
Net Income
$88,760
Net Assets
$1,648,463
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $95,486
24.8%
Investment Income $289,064
75.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $111,888
37.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,736,744
Total Liabilities $8,088,281
Net Assets $1,648,463
Compensation
Key Employees and Officers Compensation Related Other
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
Don Kanselaar (President/Treasurer) $0 $0 $0
James Mcdannald (Secretary) $0 $0 $0
James Thomas (Chariperson Audit Committee) $0 $0 $0
Randy Berry (Audit Committee) $0 $0 $0
Pat Snider (Audit Committee) $0 $0 $0
Dennie Fenton (Chairperson Credit Committee) $0 $0 $0
Don Kanselaar (Credit Committee) $0 $0 $0
James Mcdannald (Credit Committee) $0 $0 $0
Shona Varese (Manager) $0 $0 $0
Casey Leach (Assistant Manager) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$362,460
Expenses
$324,540
Net Income
$37,920
Net Assets
$1,559,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $82,722
22.8%
Investment Income $279,738
77.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $113,097
34.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,755,965
Total Liabilities $8,196,262
Net Assets $1,559,703
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $45,013 $0 $2,204
Casey Leach (Assistant Manager) $39,214 $0 $1,888
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
James Mcdannald (President/Treasurer) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
James Thomas (Chariperson Audit Committee) $0 $0 $0
Shona Varese (Audit Committee) $0 $0 $0
Pat Snider (Audit Committee) $0 $0 $0
Dennie Fenton (Chairperson Credit Committee) $0 $0 $0
Don Kanselaar (Credit Committee) $0 $0 $0
Casey Leach (Credit Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$388,613
Expenses
$324,528
Net Income
$64,085
Net Assets
$1,529,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $326,194
83.9%
Investment Income $62,419
16.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $80,611
24.8%
Professional Fundraising Fees $0
Other Salaries and Wages $32,257
9.9%
Assets/Debt
Total Assets $8,347,225
Total Liabilities $6,817,859
Net Assets $1,529,366
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $44,797 $0 $1,755
Casey Leach (Assistant Manager) $35,814 $0 $1,353
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
Tammy Clark (President/Treasurer) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
James Thomas (Audit Committee) $0 $0 $0
James Mcdannald (Audit Committee) $0 $0 $0
Jerry Bubenyak (Audit Committee) $0 $0 $0
Pat Snider (Audit Committee) $0 $0 $0
Dennie Fenton (Credit Committee) $0 $0 $0
Don Kanselaar (Credit Committee) $0 $0 $0
Randy Berry (Credit Committee) $0 $0 $0
Ron Logston (Credit Chairperson) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$391,321
Expenses
$299,718
Net Income
$91,603
Net Assets
$1,465,281
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $272,051
69.5%
Investment Income $119,270
30.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $82,032
27.4%
Professional Fundraising Fees $0
Other Salaries and Wages $23,840
8.0%
Assets/Debt
Total Assets $8,736,138
Total Liabilities $7,270,857
Net Assets $1,465,281
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $47,093 $0 $1,748
Denise Hawk (Asst Manager) $24,506 $0 $477
Casey Leach (Asst Manager) $10,433 $0 $0
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairma) $0 $0 $0
Ron Logston (President/Tr) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
James Thomas (Audit Commit) $0 $0 $0
Jerry Bubenyak (Audit Commit) $0 $0 $0
Tammy Farley (Audit Commit) $0 $0 $0
Pat Snider (Audit Commit) $0 $0 $0
Don Kanselaar (Credit Commi) $0 $0 $0
Randy Berry (Credit Commi) $0 $0 $0
Dustin Blaser (Credit Commi) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$343,866
Expenses
$285,670
Net Income
$58,196
Net Assets
$1,373,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $249,612
72.6%
Investment Income $94,163
27.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $91
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $81,135
28.4%
Professional Fundraising Fees $0
Other Salaries and Wages $22,513
7.9%
Assets/Debt
Total Assets $9,004,434
Total Liabilities $7,630,756
Net Assets $1,373,678
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $45,926 $0 $1,605
Denise Hawk (Asst Manager) $32,475 $0 $1,129
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairma) $0 $0 $0
Ron Logston (President/Tr) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
James Thomas (Audit Commit) $0 $0 $0
Jerry Bubenyak (Audit Commit) $0 $0 $0
Tammy Farley (Audit Commit) $0 $0 $0
Pat Snider (Audit Commit) $0 $0 $0
Don Kanselaar (Credit Commi) $0 $0 $0
Randy Berry (Credit Commi) $0 $0 $0
Dustin Blaser (Credit Commi) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,071
Expenses
$305,860
Net Income
$35,211
Net Assets
$1,315,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $254,029
74.5%
Investment Income $86,975
25.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $67
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $78,122
25.5%
Professional Fundraising Fees $0
Other Salaries and Wages $27,622
9.0%
Assets/Debt
Total Assets $8,675,832
Total Liabilities $7,360,350
Net Assets $1,315,482
Compensation
Key Employees and Officers Compensation Related Other
Shona Varese (Manager) $43,897 $0 $1,756
Denise Hawk (Asst Manager) $26,537 $0 $1,061
Kim Exline Resigned 416 (Manager) $4,684 $0 $187
Wayne Devore (Chairperson) $0 $0 $0
Dennie Fenton (Vice Chairma) $0 $0 $0
Dustin Blaser (President/Tr) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
James Thomas (Audit Commit) $0 $0 $0
Jerry Bubenyak (Audit Commit) $0 $0 $0
Ron Logston (Audit Commit) $0 $0 $0
Pat Snider (Audit Commit) $0 $0 $0
Don Kanselaar (Credit Commi) $0 $0 $0
Randy Berry (Credit Commi) $0 $0 $0
Tammy Farley (Audit Commit) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$367,839
Expenses
$314,520
Net Income
$53,319
Net Assets
$1,280,271
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $322,233
87.6%
Investment Income $45,606
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $107,190
34.1%
Assets/Debt
Total Assets $8,952,462
Total Liabilities $7,672,191
Net Assets $1,280,271
Compensation
Key Employees and Officers Compensation Related Other
Kim Exline (Manager) $42,415 $0 $0
Shona Varese (Asst Manager) $38,434 $0 $0
Dennie Fenton (Vice Chairma) $0 $0 $0
Kirk Danko (President/Tr) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
Jerry Bubenyak (Audit Commit) $0 $0 $0
Robert Shehan (Audit Commit) $0 $0 $0
Don Kanselaar (Credit Commi) $0 $0 $0
Linda Seddon (Credit Commi) $0 $0 $0
Wayne Devore (Chairperson) $0 $0 $0
Jim Thomas (Audit Commit) $0 $0 $0
Randy Berry (Credit Commi) $0 $0 $0
Tammy Farley (Audit Commit) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,065
Expenses
$295,609
Net Income
$45,456
Net Assets
$1,226,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $303,803
89.1%
Investment Income $37,262
10.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $77,166
26.1%
Professional Fundraising Fees $0
Other Salaries and Wages $20,222
6.8%
Assets/Debt
Total Assets $8,945,389
Total Liabilities $7,718,437
Net Assets $1,226,952
Compensation
Key Employees and Officers Compensation Related Other
Kim Exline (Manager) $40,981 $0 $0
Shona Varese (Asst Manager) $36,275 $0 $0
Wayne Devore (Chairperson) $0 $0 $0
Kirk Danko (Audit Com Chair) $0 $0 $0
James Thomas (Audit Comm) $0 $0 $0
Kim Koenen (Secretary) $0 $0 $0
Dennie Fenton (Vice Chairman) $0 $0 $0
Jerry Bubenyak (Audit Comm) $0 $0 $0
Randy Berry (Credit Comm) $0 $0 $0
Robert Shehan (Credit Comm) $0 $0 $0
Don Kanselaar (Credit Comm) $0 $0 $0
Mike Tomlin (Treasurer) $0 $0 $0
Linda Seddon (Audit Comm) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,013
Expenses
$277,836
Net Income
$63,177
Net Assets
$1,181,496
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $314,211
92.1%
Investment Income $26,802
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $77,256
27.8%
Professional Fundraising Fees $0
Other Salaries and Wages $19,261
6.9%
Assets/Debt
Total Assets $8,358,636
Total Liabilities $7,177,140
Net Assets $1,181,496
Compensation
Key Employees and Officers Compensation Related Other
Kim Exline (Manager) $40,981 $0 $1,259
Shona Varese (Asst Manager) $36,275 $0 $1,088
Wayne Devore (Chairperson) $0 $0 $0
Kirk Danko (Vice Chairperso) $0 $0 $0
James Thomas (Audit Comm Ch) $0 $0 $0
Kim Koenen (Credit Comm) $0 $0 $0
Dennie Fenton (Credit Comm) $0 $0 $0
Jerry Bubenyak (Credit Comm) $0 $0 $0
Randy Berry (Credit Comm) $0 $0 $0
Robert Shehan (Audit Comm) $0 $0 $0
Don Kanselaar (Audit Comm) $0 $0 $0
Mike Tomlin (Treasurer) $0 $0 $0
Linda Seddon (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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