Ih Credit Union

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

EIN: 310502711 ✦ Springfield, OH ✦ Designated as a 501(c)(14)

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Overview

What is Ih Credit Union?

Ih Credit Union is a financially stable and progressive nonprofit organization dedicated to offering top-tier savings, loans, and various financial services to its membership at competitive rates. Their mission is to maintain a thriving credit union that caters to the financial needs of its members effectively.


Official website here: www.ihcreditunion.com

Is Ih Credit Union legitimate?

Ih Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ih 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: $1,271,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,900,543

For more financial information, click here


Official website here: www.ihcreditunion.com

What is the mission statement of Ih Credit Union?

Ih Credit Union is committed to operating a forward-thinking and financially sound institution. Its primary goal is to offer top-tier savings, loans, and various financial services to its membership at competitive rates. The organization's mission is to maintain a progressive credit union that caters to the financial needs of its members effectively. By providing high-quality financial offerings, Ih Credit Union aims to contribute to the financial well-being of its members and ensure their financial stability.


Official website here: www.ihcreditunion.com

Who is the CEO of Ih Credit Union?

Robb White is the Director of Ih Credit Union. The CEO's salary of Ih Credit Union is $328,844 and their total compensation is $392,697.


Official website here: www.ihcreditunion.com

What is the revenue of Ih Credit Union?

Ih Credit Union's revenue in 2022 was $15,793,774.


Official website here: www.ihcreditunion.com

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

The average compensation at Ih Credit Union during 2022 was $87,655. There are 59 employees at Ih Credit Union.


Here are 13 key members and their salaries (Ih Credit Union's CEO's salary is $328,844 and their total compensation is $392,697):


Tom Whitacre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Degenhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Peabody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Victoria (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Harshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Cobbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robb White (President/Ceo)
  • Compensation: $328,844
  • Related: $0
  • Other: $63,853
Veronica Vanbourgondien (Vp Hr)
  • Compensation: $146,141
  • Related: $0
  • Other: $43,407
Ted Shull (Cfo)
  • Compensation: $206,485
  • Related: $0
  • Other: $43,407
Mike Davis (Compliance)
  • Compensation: $114,387
  • Related: $0
  • Other: $43,407
Melissa Glock (Vp Lending)
  • Compensation: $116,380
  • Related: $0
  • Other: $26,390
Casey Leonard (Vp Info. Systems)
  • Compensation: $109,211
  • Related: $0
  • Other: $29,203


Official website here: www.ihcreditunion.com

Where can I find the form 990 for Ih Credit Union?

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


Official website here: www.ihcreditunion.com

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

Mission Statement of Ih Credit Union

Ih Credit Union is committed to delivering top-tier financial services to its valued members. The mission of this progressive credit union is to ensure financial stability and provide a range of competitive savings and loan options. By focusing on the needs of its membership, Ih Credit Union strives to maintain a financially robust organization.

In pursuit of this goal, Ih Credit Union offers a variety of high-quality financial services. These services cater to the diverse financial needs of its members, enabling them to save, borrow, and manage their money effectively. The credit union prides itself on offering competitive rates, ensuring that its members receive the best possible value for their financial transactions.

By providing these essential services, Ih Credit Union aims to enrich the lives of its members. The credit union's dedication to financial stability and growth is a testament to its commitment to its members and their financial wellbeing. Through this focus on quality and affordability, Ih Credit Union continues to build a strong and sustainable financial institution.

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Impact




October, 2024

Ih Credit Union significantly impacts the Springfield community by providing essential financial services tailored to meet the needs of its members. By focusing on maintaining a progressive and financially stable institution, it ensures that members have access to high-quality savings and loan products at competitive rates. This commitment not only enhances individual financial well-being but also contributes to the overall economic health of the community. Members benefit from personalized financial support, fostering a sense of community and improving financial literacy. Ultimately, Ih Credit Union plays a vital role in empowering individuals and promoting economic stability in Springfield, OH.




This information is meant to be a general summary of Ih 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.

Revenue
$15,793,774 (2022)
Expenses
$16,415,496 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,554,390
  • Program Service Revenue: $14,239,384
  • Gross Receipts: $17,378,890

Assets and Liabilities:

  • Total Assets: $380,287,060
  • Total Liabilities: $332,532,835
  • Net Assets: $47,754,225

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Programs

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

LOAN INTEREST

Revenue

$11,449,123

FEES AND OTHER INCOME

Revenue

$2,415,836

OTHER OPERATING INCOME

Revenue

$374,425

Organization Details

Founding Year

1934

Principal Officer

Robb White

Main Address

5000 URBANA ROAD, SPRINGFIELD, OH, 455029069

NTEE Category

Code: W60 - Public benefit

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