Overview
What is 422 Heekin Can Employees Credit Union Inc?
422 Heekin Can Employees Credit Union Inc, located in Cincinnati, Ohio, serves as a financial institution for its members. Its primary objective is to offer competitive loan rates on various products, such as new and used vehicle loans, recreational vehicle loans, and unsecured loans. In 2022, the credit union approved a total of 27 loans worth $166,520. Established with a mission to promote savings among its members, the credit union functions as a nonprofit organization, aiming to provide its members with affordable financial services.
Is 422 Heekin Can Employees Credit Union Inc legitimate?
422 Heekin Can Employees Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 422 Heekin Can Employees 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,000
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What is the mission statement of 422 Heekin Can Employees Credit Union Inc?
The 422 Heekin Can Employees Credit Union Inc, as a financial institution, is structured to provide its members with access to affordable loans and encourages savings among its members. Its mission, in essence, is to offer low-interest loans and foster a culture of saving among its members. In 2022, the credit union approved 27 loans totaling $166,520, evidence of its commitment to providing financial assistance at competitive rates.
Who is the CEO of 422 Heekin Can Employees Credit Union Inc?
Joann Combs is the President of 422 Heekin Can Employees Credit Union Inc.
What is the revenue of 422 Heekin Can Employees Credit Union Inc?
422 Heekin Can Employees Credit Union Inc's revenue in 2022 was $23,105.
Who are the executives of 422 Heekin Can Employees Credit Union Inc and what are their salaries?
The average compensation at 422 Heekin Can Employees Credit Union Inc during 2022 was $12,000. There are 2 employees and 5 volunteers at 422 Heekin Can Employees Credit Union Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 422 Heekin Can Employees Credit Union Inc?
422 Heekin Can Employees Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 422 Heekin Can Employees Credit Union Inc
422 Heekin Can Employees Credit Union Inc, as a financial institution, is dedicated to serving its members by offering them low-interest loans and encouraging savings. Established with this mission, the credit union aims to provide its members with financial assistance through various loan products such as new and used vehicle loans, recreational vehicle loans, and unsecured loans. In 2022, the credit union approved 27 loans totaling $166,520, demonstrating its commitment to offering competitive loan rates to its members. By offering these financial services, 422 Heekin Can Employees Credit Union Inc plays a significant role in helping its members manage their finances and achieve their financial goals.
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Impact
October, 2024
422 Heekin Can Employees Credit Union Inc plays a vital role in supporting its members' financial well-being by offering accessible loan options and encouraging savings. In 2022, the credit union approved 27 loans totaling $166,520, providing its members with competitive rates that help alleviate the financial burden of purchasing vehicles or managing other personal expenses. This institution fosters a sense of community by prioritizing the financial needs of its members and promoting responsible borrowing and saving practices. By facilitating low-interest loans, the credit union contributes to economic stability not only for its members but also for the broader Cincinnati area, enhancing the overall quality of life in the region.
This information is meant to be a general summary of 422 Heekin Can Employees 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,495
- Program Service Revenue: $17,532
- Gross Receipts: $23,105
Assets and Liabilities:
- Total Assets: $435,796
- Total Liabilities: $164,462
- Net Assets: $271,334
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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
$15,843
Fees and Charges
Revenue
$1,689
Organization Details
Founding Year
1941
Phone
(513) 388-2330Principal Officer
Joann Combs
Main Address
8200 Broadwell Road, Cincinnati, OH, 452441608
NTEE Category
Code: W60 - Public benefit
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