#347 of 500 · Member & Benefit Funds

Baxter Credit Union

EIN 23-7250155 · IL · NTEE W61 · Form 990, fiscal 2023

A not-for-profit, member-owned financial cooperative headquartered in Vernon Hills, Illinois. Originally founded in 1981 to serve employees of Baxter International, it now serves members from many partner organizations across the United States. It offers checking and savings accounts, loans, mortgages, credit cards, and financial well-being tools, operating as a member-owned institution that reinvests in members rather than outside shareholders.

Financials, fiscal 2023

Revenue

$443.9M

Expenses

$404.6M

Total assets

$5.90B

Net assets

$525.4M

Operating margin

8.9%

1-year growth

26.7%

5-year growth (CAGR)

13.3%

Reserve (years of spending)

15.6

Contributions share

n/a

Programme spending

85.6%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

20

NFP Health Score: 79 / 100

Financial 63 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To empower people to discover financial freedom.

Revenue history