Overview
What is Nebraska Rural Electric Association Credit Union?
Nebraska Rural Electric Association Credit Union is a nonprofit organization situated in Lincoln, Nebraska. Its primary purpose is to offer financial services to the 747 members employed by the Nebraska Rural Electric Association and their families. The credit union aims to help these individuals save and borrow funds at the most affordable cost possible. With a modest workforce of three individuals, Nebraska Rural Electric Association Credit Union is dedicated to serving the financial needs of its members effectively.
Official website here: www.nreacu.org
Is Nebraska Rural Electric Association Credit Union legitimate?
Nebraska Rural Electric Association Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Nebraska Rural Electric Association Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $58,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nreacu.org
What is the mission statement of Nebraska Rural Electric Association Credit Union?
The Nebraska Rural Electric Association Credit Union's mission is centered around serving its members, primarily being the employees and families of Nebraska Rural Electric Association member systems. Their primary goal is to facilitate savings and lending opportunities for these members, ensuring they do so at the most affordable cost for the members. The credit union operates as a facility dedicated to meeting the financial needs of its 747 members, prioritizing affordability and member satisfaction.
Official website here: www.nreacu.org
Who is the CEO of Nebraska Rural Electric Association Credit Union?
John Hoke is the President of Nebraska Rural Electric Association Credit Union.
Official website here: www.nreacu.org
What is the revenue of Nebraska Rural Electric Association Credit Union?
Nebraska Rural Electric Association Credit Union's revenue in 2022 was $428,706.
Official website here: www.nreacu.org
Who are the executives of Nebraska Rural Electric Association Credit Union and what are their salaries?
The average compensation at Nebraska Rural Electric Association Credit Union during 2022 was $19,530. There are 3 employees and 11 volunteers at Nebraska Rural Electric Association Credit Union.
Here are 8 key members and their salaries:
- Compensation: $34,786
- Related: $0
- Other: $0
- Compensation: $22,316
- Related: $0
- Other: $0
- Compensation: $1,488
- Related: $0
- Other: $1,488
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nreacu.org
Where can I find the form 990 for Nebraska Rural Electric Association Credit Union?
Nebraska Rural Electric Association Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nreacu.org
Learn more at the official website: www.nreacu.org
Mission Statement of Nebraska Rural Electric Association Credit Union
Nebraska Rural Electric Association Credit Union is dedicated to serving the financial needs of its 747 members, primarily consisting of employees and their families within the Nebraska Rural Electric Association member systems. Its mission is to provide a facility where members can save and borrow funds at the most affordable cost. This nonprofit organization exists with the aim of serving its members' financial needs effectively, ensuring they benefit from the lowest possible costs.
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Impact
October, 2024
Nebraska Rural Electric Association Credit Union plays a crucial role in supporting the financial well-being of employees and their families associated with the Nebraska Rural Electric Association. With a dedicated focus on offering accessible savings and borrowing options, the credit union serves 747 members, ensuring they can meet their financial needs efficiently and affordably.
Located in Lincoln, Nebraska, the credit union provides a welcoming facility tailored to the specific financial requirements of its members. By prioritizing low-cost services, it fosters a supportive environment that helps individuals and families achieve their financial goals, from saving for the future to obtaining loans when needed. This commitment not only strengthens the financial stability of the members but also enhances the broader community by ensuring that individuals are equipped with the resources necessary for economic well-being.
This information is meant to be a general summary of Nebraska Rural Electric Association Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $428,706
- Gross Receipts: $428,706
Assets and Liabilities:
- Total Assets: $5,669,360
- Total Liabilities: $6,893
- Net Assets: $5,662,467
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
loan interest
Revenue
$191,666
Organization Details
Founding Year
1973
Phone
(402) 475-4988Principal Officer
John Hoke
Main Address
1244 K Street PO Box 82048, Lincoln, NE, 68501
Website
www.nreacu.orgNTEE Category
Code: W60 - Public benefit
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