Homeland Credit Union Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310395830 ✦ Chillicothe, OH ✦ Designated as a 501(c)(14)

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Overview

What is Homeland Credit Union Inc?

Homeland Credit Union Inc, headquartered in Chillicothe, Ohio, is a member-focused financial institution committed to encouraging savings and lending to its members. Established with the mission to promote thrift and provide credit, this credit union offers a range of financial services designed to serve and support its membership effectively.


Official website here: www.homelandcu.com

Is Homeland Credit Union Inc legitimate?

Homeland Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Homeland Credit Union Inc 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: $968,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,744,072

For more financial information, click here


Official website here: www.homelandcu.com

What is the mission statement of Homeland Credit Union Inc?

Homeland Credit Union is dedicated to encouraging savings among its members and extending credit when necessary. The credit union's primary mission is to foster thrift and lending within its community. By providing financial services, Homeland Credit Union aims to help its members manage their money effectively and improve their financial well-being. The credit union serves as a not-for-profit financial cooperative, owned and controlled by its members, ensuring that the organization's focus remains on the best interests of its community.


Official website here: www.homelandcu.com

Who is the CEO of Homeland Credit Union Inc?

Shayne Poe is the Ceo of Homeland Credit Union Inc. The CEO's salary of Homeland Credit Union Inc is $290,338 and their total compensation is $290,338.


Official website here: www.homelandcu.com

What is the revenue of Homeland Credit Union Inc?

Homeland Credit Union Inc's revenue in 2022 was $16,065,435.


Official website here: www.homelandcu.com

Who are the executives of Homeland Credit Union Inc and what are their salaries?

The average compensation at Homeland Credit Union Inc during 2022 was $43,638. There are 108 employees and 15 volunteers at Homeland Credit Union Inc.


Here are 16 key members and their salaries (Homeland Credit Union Inc's CEO's salary is $290,338 and their total compensation is $290,338):


Dana Widmayer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Miller (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Purdum (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Fairrow Ii (2Nd Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Fowler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mathew Cosenza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Butchers (1St Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Abernathy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shayne Poe (Ceo)
  • Compensation: $290,338
  • Related: $0
  • Other: $0
John P Owens (Vp Of Lending & Sales)
  • Compensation: $7,993
  • Related: $0
  • Other: $0
Heather R Irwin (Vp Member Services)
  • Compensation: $152,943
  • Related: $0
  • Other: $0
Todd J Mcdonald (Cfo)
  • Compensation: $176,524
  • Related: $0
  • Other: $0
Kelly Hopper (Director)
  • Compensation: $105,403
  • Related: $0
  • Other: $0
Sondra Butler (Director)
  • Compensation: $119,219
  • Related: $0
  • Other: $0
James H Matthews Jr (Vp It)
  • Compensation: $114,395
  • Related: $0
  • Other: $0


Official website here: www.homelandcu.com

Where can I find the form 990 for Homeland Credit Union Inc?

Homeland Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.homelandcu.com

Learn more at the official website: www.homelandcu.com

Mission Statement of Homeland Credit Union Inc

Homeland Credit Union, a renowned financial institution, is dedicated to the promotion of thrift and the provision of credit to its esteemed members. Nestled within this mission is the organization's primary goal: to encourage savings among its members and extend accessible financial services to them.

The credit union's mission is twofold. First and foremost, it aims to foster a culture of thrift among its members, inspiring them to save and accumulate resources for their future financial needs. By doing so, Homeland Credit Union empowers its members to take control of their financial situation and build a solid foundation for their financial future.

Secondly, Homeland Credit Union extends credit to its members, providing them with the means to borrow funds when necessary. This access to affordable credit fosters financial flexibility and enables members to address unexpected expenses or invest in opportunities that can enhance their financial well-being. By offering both savings and credit services, Homeland Credit Union plays an essential role in helping its members achieve their financial goals and improve their overall financial situation.

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Impact




October, 2024

Homeland Credit Union Inc significantly impacts its community by promoting thrift and providing essential credit services to its members in Chillicothe, OH. By offering financial services tailored to the needs of its members, the credit union fosters a culture of savings and responsible borrowing. This commitment not only encourages financial stability among individual members but also contributes to the overall economic vitality of the local community. Through its efforts, Homeland Credit Union enhances access to financial resources, empowering individuals to make informed financial decisions and work towards their personal and financial goals. Its dedication to supporting its members reflects a broader mission to strengthen community ties and promote shared economic well-being.




This information is meant to be a general summary of Homeland Credit Union Inc. 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.

Revenue
$16,065,435 (2022)
Expenses
$13,376,904 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,120,313
  • Program Service Revenue: $10,945,122
  • Gross Receipts: $18,412,209

Assets and Liabilities:

  • Total Assets: $513,400,298
  • Total Liabilities: $468,276,139
  • Net Assets: $45,124,159

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$8,106,582

OTHER INCOME

Revenue

$1,111,169

LENDING-RELATED INCOME

Revenue

$941,331

FEES & COMMISSIONS

Revenue

$786,040

Organization Details

Founding Year

1932

Principal Officer

Shayne Poe

Main Address

25 CONSUMER CENTER DRIVE, CHILLICOTHE, OH, 45601

NTEE Category

Code: W60 - Public benefit

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