Overview
What is Professional Police Officers Credit Union?
The Professional Police Officers Credit Union serves as a full-service cooperative financial institution, catering to approximately 3,346 members. Their mission encompasses offering a range of loan and share products, ensuring members have access to comprehensive financial services. The Credit Union operates as a nonprofit entity, dedicated to fostering financial well-being within its member community.
Official website here: www.ppocu.org
Is Professional Police Officers Credit Union legitimate?
Professional Police Officers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Professional Police Officers 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: $260,997
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,680
For more financial information, click here
Official website here: www.ppocu.org
What is the mission statement of Professional Police Officers Credit Union?
The Professional Police Officers Credit Union serves as a comprehensive financial cooperative, offering a variety of loan and savings services to its approximately 3,346 members. Its mission, in essence, is to provide full financial assistance, thereby functioning as a reliable financial institution for its membership. The union's activities are geared towards meeting the financial needs of its police officer members.
Official website here: www.ppocu.org
Who is the CEO of Professional Police Officers Credit Union?
Danny C Overley is the Chairman of Professional Police Officers Credit Union.
Official website here: www.ppocu.org
What is the revenue of Professional Police Officers Credit Union?
Professional Police Officers Credit Union's revenue in 2022 was $1,603,842.
Official website here: www.ppocu.org
Who are the executives of Professional Police Officers Credit Union and what are their salaries?
The average compensation at Professional Police Officers Credit Union during 2022 was $58,210. There are 8 employees and 16 volunteers at Professional Police Officers Credit Union.
Here are 10 key members and their salaries:
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- Compensation: $6,364
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- Compensation: $162,054
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- Other: $9,988
- Compensation: $92,579
- Related: $0
- Other: $15,395
Official website here: www.ppocu.org
Where can I find the form 990 for Professional Police Officers Credit Union?
Professional Police Officers Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ppocu.org
Learn more at the official website: www.ppocu.org
Mission Statement of Professional Police Officers Credit Union
Professional Police Officers Credit Union, as a full-service cooperative financial institution, is dedicated to serving its approximately 3,346 members. The credit union's mission encompasses offering a range of loan and share products to its members, ensuring they have access to financial services that cater to their needs. By operating as a cooperative, Professional Police Officers Credit Union fosters a sense of community among its members, allowing them to benefit from the collective strength of the union. The credit union's mission is to provide its members with the financial tools they need to manage their finances effectively and achieve their financial goals.
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Impact
October, 2024
Professional Police Officers Credit Union significantly enhances the financial well-being of its members by offering a comprehensive range of services, including loan and share products, tailored to meet the unique needs of those in law enforcement. By serving approximately 3,346 members in Indianapolis, it fosters a supportive community that prioritizes the financial stability and growth of individuals in the police profession. Its cooperative model ensures that profits are reinvested into the credit union, resulting in lower interest rates on loans and better rates on savings products. This not only strengthens the financial security of its members but also contributes positively to the broader community by promoting responsible financial practices and supporting public safety personnel.
This information is meant to be a general summary of Professional Police Officers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $487,862
- Program Service Revenue: $799,102
- Gross Receipts: $1,603,842
Assets and Liabilities:
- Total Assets: $54,183,171
- Total Liabilities: $47,058,793
- Net Assets: $7,124,378
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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
$791,277
INSURANCE
Revenue
$7,825
Organization Details
Founding Year
1931
Phone
(317) 327-2600Principal Officer
Danny C Overley
Main Address
1502 EAST WASHINGTON STREET, INDIANAPOLIS, IN, 46201
Website
www.ppocu.orgNTEE Category
Code: W60 - Public benefit
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