Public Charity

EDER FINANCIAL INC

EDER FINANCIAL INC, of ELGIN, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $74.6M in revenue, $189.5M in expenses, $340.6M in total assets.

EIN: 363668497 ELGIN, IL Latest filing: 2024
Total Revenue$74.6M
Total Expenses$189.5M
Total Assets$340.6M
Grant Records0
Filing Years2019–2024

Mission

EDER FINANCIAL, INC. HAS A STATED PURPOSE TO SUPPORT THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING PROGRAMS THAT PROVIDE RETIREMENT AND MEDICAL BENEFITS TO MINISTERS, MISSIONARIES AND LAY EMPLOYEES OF CERTAIN CHURCHES AND CHURCH RELATED AGENCIES.

Where $100 goes at Eder Financial Inc

How Eder Financial Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$91
Provides retirement benefits for ordained and lay pastors and church workers, and employees of congregations, districts, camps, agencies, and affiliated organizations of the church of the brethren and…
97% of program spending
$3
Provide medical, dental, vision, long term disability and life insurance to ordained and lay pastors and employees of congregations, districts, camps, agencies, and affiliated organizations of the church…
3% of program spending
<$1
Church workers assistance plan
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Audrey Myer
BOARD MEMBER - NEW / CHAIR - PAST David Shissler
BOARD MEMBER Dennis Kingery
CHAIR - NEW Donna Rhodes
BOARD MEMBER Eunice Culp
INFORMATION TECHNOLOGY DIR German Gongora

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $74.6M $189.5M $340.6M
2023 $30.1M $34.7M $485.7M
2022 $33.1M $45.1M $407.3M
2020 $31.3M $30.7M $463.9M
2019 $32.9M $29.6M $423.7M

Between 2019 and 2024, reported annual revenue grew from $32.9M to $74.6M (+127%), with total assets most recently reported at $340.6M.

Interactive year-over-year charts and full filing details available with membership.

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