CSCharityScored
87

1St Midamerica Credit Union

Other · Bethalto, Illinois

731 E Bethalto Dr, Bethalto, IL 62010-1872

EIN: 370580723· Founded: Jun 1955· 71 years active· Filing Year: 2023

Annual Revenue

$55.7M

Total Expenses

$51.0M

Total Assets

$964.5M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$3.8M

7.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$8.2M

Total Payroll

$12.0M

24% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 24%
Other overhead: 2%
Program Revenue$49.9M (90%)
Total Expenses$51.0M (92%)
Payroll$12.0M (24%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$55.7M annual revenue

15%

Executive Compensation

$3.8M total officer comp (7.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$964.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.