Harvester Financial Credit Union

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

EIN: 350980585 ✦ Indianapolis, IN ✦ Designated as a 501(c)(14)

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Overview

What is Harvester Financial Credit Union?

Harvester Financial Credit Union is a cooperative financial institution situated in Indianapolis, Indiana, specifically at 7020 Brookville Road, with an approximate 6,000 member base. Acting as a nonprofit organization, it focuses on providing savings and loan products to its members. The credit union's mission is to serve its members financially, offering them various financial services and products, contributing to their financial well-being.


Official website here: www.harvesterfcu.org

What do the Facebook reviews say about Harvester Financial Credit Union?

92% of 26 reviewers on Facebook recommend Harvester Financial Credit Union. Here’s a summary of their reviews:

Many participants express strong satisfaction with the services provided by the credit union, often highlighting the friendly and helpful staff. One reviewer specifically praised Mary Stevens for her outstanding service, indicating that personalized attention plays a significant role in the positive experiences of members.

Overall, the sentiment towards Harvester Financial Credit Union is overwhelmingly positive, with users appreciating the professionalism and support they receive, suggesting that the institution meets or exceeds expectations for its members.


This AI summary has been generated from reviews found on Facebook.

Is Harvester Financial Credit Union legitimate?

Harvester Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Harvester Financial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $921,123

For more financial information, click here


Official website here: www.harvesterfcu.org

What is the mission statement of Harvester Financial Credit Union?

Harvester Financial Credit Union serves as a cooperative financial institution, providing savings and loan products to its approximately 6,000 members. Its mission is to facilitate financial services, enabling members to save and borrow money in a cooperative manner. The credit union strives to meet the financial needs of its members, offering loan and share products to support their financial goals. By providing these services, Harvester Financial Credit Union aims to contribute positively to the financial well-being of its members.


Official website here: www.harvesterfcu.org

Who is the CEO of Harvester Financial Credit Union?

Jason Ford is the Chairman of Harvester Financial Credit Union. The CEO's salary of Harvester Financial Credit Union is $116,334 and their total compensation is $116,334.


Official website here: www.harvesterfcu.org

What is the revenue of Harvester Financial Credit Union?

Harvester Financial Credit Union's revenue in 2022 was $3,244,833.


Official website here: www.harvesterfcu.org

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


Here are 9 key members and their salaries (Harvester Financial Credit Union's CEO's salary is $116,334 and their total compensation is $116,334):


Jerry Walters (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $325
Deidra Dunagin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $350
Al Hairston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $350
Teresa Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $425
Rod Cannon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $350
Steve Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $400
Mike Metcalf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $375
Jason Ford (President & Ceo)
  • Compensation: $116,334
  • Related: $0
  • Other: $0
Elizabeth Olson (Coo)
  • Compensation: $60,926
  • Related: $0
  • Other: $0


Official website here: www.harvesterfcu.org

Where can I find the form 990 for Harvester Financial Credit Union?

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


Official website here: www.harvesterfcu.org

Learn more at the official website: www.harvesterfcu.org

Mission Statement of Harvester Financial Credit Union

Harvester Financial Credit Union, as a cooperative financial institution, is dedicated to providing savings and loan products to its approximately 6,000 members. Its mission, in essence, revolves around offering loan and share services to its member-base. This cooperative institution strives to cater to the financial needs of its members, ensuring they have access to essential financial tools. Despite the limited information provided, it is clear that Harvester Financial Credit Union is committed to serving its members, fostering financial stability and growth within its community.

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Impact




October, 2024

Harvester Financial Credit Union plays a significant role in the Indianapolis community by offering cooperative financial services that empower its approximately 6,000 members. By providing a range of savings and loan products, the credit union helps individuals achieve their financial goals, supports local economic development, and encourages responsible financial management. The focus on member-centric service fosters a sense of community and mutual support, enabling members to make informed financial decisions while contributing to the overall well-being of the area. Through its mission, Harvester Financial cultivates a supportive financial environment that ultimately benefits not just its members, but the community at large.




This information is meant to be a general summary of Harvester Financial 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
$3,244,833 (2022)
Expenses
$2,910,935 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $681,245
  • Program Service Revenue: $2,439,965
  • Gross Receipts: $3,244,833

Assets and Liabilities:

  • Total Assets: $73,179,806
  • Total Liabilities: $66,953,914
  • Net Assets: $6,225,892

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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

$1,584,889

INTERCHANGE AND OTHER

Revenue

$637,056

FEES AND CHARGES

Revenue

$218,020

Organization Details

Founding Year

1954

Principal Officer

Jason Ford

Main Address

7020 BROOKVILLE ROAD, INDIANAPOLIS, IN, 46239

NTEE Category

Code: W61 - Public benefit

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