BAXTER CREDIT UNION
VERNON HILLS, IL 60061 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $507,368,239 | $463,088,731 | $600,319,149 |
| FY2024 | $482,765,408 | $459,652,967 | $545,055,700 |
| FY2023 | $443,875,303 | $404,556,766 | $525,385,074 |
| FY2022 | $350,442,030 | $293,104,697 | $504,751,503 |
| FY2021 | $316,168,145 | $240,408,034 | $487,955,680 |
| FY2020 | $274,030,926 | $239,877,914 | $415,423,202 |
| FY2019 | $268,990,676 | $227,921,476 | $368,737,557 |
| FY2018 | $238,305,161 | $203,333,006 | $325,665,898 |
| FY2017 | $192,716,840 | $164,439,417 | $290,726,443 |
| FY2016 | $165,334,018 | $136,780,152 | $262,354,730 |
| FY2015 | $149,320,698 | $120,701,174 | $234,471,677 |
| FY2014 | $133,812,942 | $106,360,927 | $205,904,885 |
| FY2013 | $132,003,801 | $103,875,950 | $177,852,833 |
| FY2012 | $126,989,154 | $105,921,537 | $150,998,251 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $426,818,884 | 100% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Net assets covered about 15.6 months of expenses at the end of the reporting year. That puts it in the 48th percentile among 269 Public & Societal Benefit organizations in IL.
- Total revenue was higher than 100% of 274 Public & Societal Benefit organizations in IL.
- Total revenue rose from $126,989,154 in FY2012 to $507,368,239 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $150,998,251 to $600,319,149 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The organization is a full service, state-chartered credit union providing a broad range of loan and deposit products and other financial services to its members located throughout the US and Puerto Rico using various channels including branches, a call center, and the internet.
IRS status
| Ruling year | 2003 |
| Subsection | 501(c)(14) |
| Program area (NTEE) | W61 — Public & Societal Benefit |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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