1337 The Way Credit Union Inc

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

EIN: 341366902 ✦ New knoxville, OH ✦ Designated as a 501(c)(14)

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Overview

What is 1337 The Way Credit Union Inc?

1337 The Way Credit Union Inc is a financial cooperative, headquartered at 19100 East Shelby Road, New Knoxville, Ohio 45871. Their primary mission is to foster financial well-being among their members by promoting savings and economic growth. The credit union offers electronic transfer services, facilitating wire and ACH transactions. As a nonprofit organization, 1337 The Way Credit Union Inc is dedicated to the betterment of its members, contributing to their financial prosperity.

Is 1337 The Way Credit Union Inc legitimate?

1337 The Way Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 1337 The Way 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: $51,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,510

For more financial information, click here

What is the mission statement of 1337 The Way Credit Union Inc?

1337 The Way Credit Union Inc's mission is centered around establishing a financial cooperative, aiming to foster thrift and prosperity among its members. In essence, the credit union exists to serve its members by promoting financial savings and well-being. It does not provide detailed information on its activities, but it does offer electronic transfer services such as wires and ACHs.

Who is the CEO of 1337 The Way Credit Union Inc?

Jean-Yves De Lisle is the Treasurer Manager Ceo of 1337 The Way Credit Union Inc. The CEO's salary of 1337 The Way Credit Union Inc is $51,068 and their total compensation is $51,068.

What is the revenue of 1337 The Way Credit Union Inc?

1337 The Way Credit Union Inc's revenue in 2022 was $256,447.

Who are the executives of 1337 The Way Credit Union Inc and what are their salaries?

There 12 volunteers at 1337 The Way Credit Union Inc.


Here are 7 key members and their salaries (1337 The Way Credit Union Inc's CEO's salary is $51,068 and their total compensation is $51,068):


Jean-Yves De Lisle (Treasurer Manager Ceo)
  • Compensation: $51,068
  • Related: $0
  • Other: $0
Jerry Martinez (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Quigley (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Tennant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Prewett (Director/Iso)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Saper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Drum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 1337 The Way Credit Union Inc?

1337 The Way Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 1337 The Way Credit Union Inc

1337 The Way Credit Union Inc, as a financial cooperative, is committed to promoting financial well-being and prosperity among its members. Its primary mission is to encourage thrift, a practice of saving money, among its members. This mission is achieved by providing a cooperative platform, enabling members to benefit from collective financial growth and stability.

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Impact




October, 2024

1337 The Way Credit Union Inc plays a vital role in its community by fostering financial stability and growth among its members. By offering electronic transfer services, such as wires and ACHs, it enhances the convenience of financial transactions, making it easier for members to manage their finances efficiently. Located in New Knoxville, OH, the credit union is dedicated to promoting thrift and prosperity, creating a supportive environment for individuals and families to achieve their financial goals. Through its focus on cooperative financial solutions, it strengthens community ties and empowers members to participate actively in their financial futures, ultimately contributing to the overall economic well-being of the region.




This information is meant to be a general summary of 1337 The Way 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
$256,447 (2022)
Expenses
$256,279 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $194,323
  • Gross Receipts: $256,447

Assets and Liabilities:

  • Total Assets: $14,206,095
  • Total Liabilities: $12,971,760
  • Net Assets: $1,234,335

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Organization Details

Founding Year

1982

Principal Officer

Jean-Yves De Lisle

Main Address

19100 East Shelby Road, New Knoxville, OH, 45871

NTEE Category

Code: W60 - Public benefit

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