ZUnclassifiedEIN: 361120219· Ruling Year: 1944

Gas & Electric Credit Union

Rock Island, Illinois

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.79×
Peer Median15.40×
💰
$5.6M
Total Revenue
📊
$5.0M
Total Expenses
🏦
$8.9M
Net Assets
📋
$107.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+43.6%
Year-over-year change (2022 → 2023)
Net Margin
+11.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.79
Net assets divided by total expenses
Liabilities-to-Assets
92.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,624,66844%$4,979,35934%$116,458,923
2022$3,916,47111%$3,724,0775%$116,715,9126%
2021$4,381,8455%$3,534,3802%$110,437,8337%
2020$4,181,8132%$3,599,9847%$103,325,50325%
2019$4,088,42911%$3,862,41815%$82,382,9575%
2018$3,688,41813%$3,359,66818%$78,206,1105%
2017$3,275,6398%$2,852,3909%$74,690,5925%
2016$3,033,7184%$2,611,6223%$71,272,8311%
2015$2,919,2136%$2,541,3105%$70,442,1899%
2014$2,765,1292%$2,426,65411%$64,435,8691%
2013$2,722,8695%$2,185,358$63,493,7165%
2012$2,873,5013%$2,182,47313%$60,701,4875%
2011$2,948,070$2,514,315$57,985,849

Frequently Asked Questions

What does Gas & Electric Credit Union do?

Gas & Electric Credit Union is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gas & Electric Credit Union financially healthy?

Based on our 9-metric Financial Health Score model, Gas & Electric Credit Union has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Gas & Electric Credit Union generate?

Gas & Electric Credit Union reports $6.4M in annual revenue and holds $121.7M in total assets, based on IRS filings.

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Gas & Electric Credit Union — Rock Island, IL | GiveScope