Northwest Community Credit Union
Nonprofit profile at a glance
- EIN
- 362372079
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Morton Grove, IL, USA
- Phone
- 8476471030
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,026,710
- Expenses
- $2,991,039
- Assets
- $65,339,020
- Liabilities
- $59,488,646
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JOSE GARCIA (TREASURER/CEO)
Highest reported compensation
- JOSE GARCIA (TREASURER/CEO): $201,629 total reported compensation
- GABBY GOMEZ (SVP): $133,244 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide low cost loan and deposit products to our membership on a cooperative basis.
What it reported doing in 2025
Program service revenue and expenses
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 71
- Accountability: 76
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.8%; rating input score 98
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.2%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 21.84; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 11.2%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 24.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 12th percentile among comparable filings
Details
- Where the money goes: 97.8% of revenue deployed · 100% of spending went to programs
- Governance: 6 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3M in reported program spending
- Leadership: top reported pay $202K · 8 people listed · 2 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.