Public Charity

ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC)

Based in GURNEE, IL, ABBOTT LABORATORIES EMPLOYEES CREDIT UNION (ALEC) operates as a Public Charity. The organization reported $52.2M in revenue, $40.9M in expenses, $1.0B in total assets for fiscal year 2024. Imperigo tracks 3 reported grants from this foundation totaling approximately $47K.

EIN: 363679911 GURNEE, IL Latest filing: 2024
Total Revenue$52.2M
Total Expenses$40.9M
Total Assets$1.0B
Grants Given3
Grant Total$47K
Filing Years2020–2024

Mission

TO MAKE A DIFFERENCE IN THE LIVES AND FINANCIAL WELL-BEING OF OUR MEMBERS AND EMPLOYEES. OUR COMMITMENT IS (1) TO GAIN OUR MEMBERS TRUST BY PROVIDING EXCEPTIONAL MEMBER SERVICE (2) TO OFFER A WIDE ARRAY OF FINANCIAL PRODUCTS, SERVICES AND DELIVERY CHANNELS (3) TO EDUCATE OUR MEMBERS IN ALIGNMENT WITH THEIR FINANCIAL GOALS (4) TO RECOGNIZE THE PERFORMANCE, ACHIEVEMENT AND PERSONAL DEVELOPMENT OF OUR EMPLOYEES (5) TO PROTECT OUR MEMBERS' DATA AND PRIVACY (6) TO CONDUCT BUSINESS WITH THE HIGHEST STANDARDS OF ETHICS, INTEGRITY AND HONESTY.

Officers & Directors

FINANCE MANAGER Adam Schmidt
SENIOR VICE PRESIDENT, IT/ Brady Van Heirseele
DIRECTOR Christine Amann
DIRECTOR OF ADMINISTRATION Danielle Herbrechtsmeier
SENIOR PRODUCT MANAGER Deborah Zimmerman
DIRECTOR Doan Nguyen

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$47,241 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $52.2M $40.9M $1.0B
2023 $41.9M $31.7M $1.0B
2022 $31.2M $23.3M $1.0B
2021 $27.6M $21.7M $1.0B
2020 $28.6M $23.0M $948.9M

Between 2020 and 2024, reported annual revenue grew from $28.6M to $52.2M (+82%), with total assets most recently reported at $1.0B.

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

Grant Geography

Grants from this foundation were reported to recipients in WI.

WI

Full geographic grant map with state-by-state breakdown available with membership.

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