Wiremen's Credit Union Inc

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

EIN: 340899424 ✦ Parma, OH ✦ Designated as a 501(c)(14)

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Overview

What is Wiremen's Credit Union Inc?

Wiremen's Credit Union Inc, situated in Parma, Ohio, is a member-focused organization committed to fostering savings and offering credit services. As per its mission, it aims to promote thrift and provide financial assistance to its members. This nonprofit credit union provides a range of financial services to its members, facilitating their financial well-being.


Official website here: www.wiremenscu.com

Is Wiremen's Credit Union Inc legitimate?

Wiremen's Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Wiremen's 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: $72,277
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,038

For more financial information, click here


Official website here: www.wiremenscu.com

What is the mission statement of Wiremen's Credit Union Inc?

Wiremen's Credit Union Inc's primary objective is to foster savings among its members and extend credit when needed. The credit union achieves this by offering various financial services. Located beyond the context provided, this credit union operates with a mission to encourage thrift and extend credit to its members.


Official website here: www.wiremenscu.com

Who is the CEO of Wiremen's Credit Union Inc?

Jennifer Komornik is the Director of Wiremen's Credit Union Inc. The CEO's salary of Wiremen's Credit Union Inc is $72,277 and their total compensation is $72,277.


Official website here: www.wiremenscu.com

What is the revenue of Wiremen's Credit Union Inc?

Wiremen's Credit Union Inc's revenue in 2022 was $919,976.


Official website here: www.wiremenscu.com

Who are the executives of Wiremen's Credit Union Inc and what are their salaries?

The average compensation at Wiremen's Credit Union Inc during 2022 was $39,329. There are 4 employees and 13 volunteers at Wiremen's Credit Union Inc.


Here are 7 key members and their salaries (Wiremen's Credit Union Inc's CEO's salary is $72,277 and their total compensation is $72,277):


Michael Bremmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Wiemels (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Stredney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Komornik (Ceo)
  • Compensation: $72,277
  • Related: $0
  • Other: $0
Jarrod Amberik (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Bringman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Novak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wiremenscu.com

Where can I find the form 990 for Wiremen's Credit Union Inc?

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


Official website here: www.wiremenscu.com

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

Mission Statement of Wiremen's Credit Union Inc

Wiremen's Credit Union Inc, as stated in its mission, is dedicated to fostering savings among its members and extending credit to them. In simpler terms, this nonprofit organization's main objective is to encourage its members to save money and, when necessary, provide them with loans. This mission is carried out through the various financial services they offer.

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Impact




October, 2024

Wiremen's Credit Union Inc significantly impacts its community by fostering a culture of thriftiness and providing essential credit services to its members in Parma, OH. Through innovative financial programs, the credit union helps individuals manage their finances more effectively, ensuring members have access to credit when they need it most. By promoting savings and responsible borrowing, Wiremen's Credit Union plays a critical role in enhancing the financial well-being of its members, thereby contributing to the overall economic stability of the community. Its commitment to accessible financial services empowers individuals to achieve their goals and build a secure financial future.




This information is meant to be a general summary of Wiremen's 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
$919,976 (2022)
Expenses
$825,682 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $210,493
  • Program Service Revenue: $709,483
  • Gross Receipts: $919,976

Assets and Liabilities:

  • Total Assets: $36,570,205
  • Total Liabilities: $30,246,178
  • Net Assets: $6,324,027

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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

$646,875

OTHER INCOME

Revenue

$41,295

FEES AND COMMISSIONS

Revenue

$21,313

Organization Details

Founding Year

1955

Principal Officer

Jennifer Komornik

Main Address

5800 STATE ROAD, PARMA, OH, 44134

NTEE Category

Code: W60 - Public benefit

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