CSCharityScored
82

Rockford Municipal Employees Credit Union

Other · Rockford, Illinois

634 N Church St, Rockford, IL 61103-6915

EIN: 366110489· Founded: Jul 1942· 84 years active· Filing Year: 2023

Annual Revenue

$944K

Total Expenses

$701K

Total Assets

$24.3M

Program Spending

86%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$70K

10.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$155K

Total Payroll

$225K

32% of total expenses

Where the Money Goes

86%
Programs: 86%
Payroll: 32%
Other overhead: 14%
Program Revenue$604K (64%)
Total Expenses$701K (74%)
Payroll$225K (32%)
Overhead (non-program)14%

Trust Score Breakdown

Program Spending Ratio

86% of expenses go to programs

40%

Revenue & Stability

$944K annual revenue

15%

Executive Compensation

$70K total officer comp (10.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$24.3M 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.