Hoosier United 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: 351081983 ✦ Indianapolis, IN ✦ Designated as a 501(c)(14)

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Overview

What is Hoosier United Credit Union?

Hoosier United Credit Union is a member-focused financial institution, established as a state-chartered credit union. It is committed to the principle of "members helping members" and provides personalized individual service. With a membership of approximately 2,893 individuals, the credit union offers a range of loan and share products to cater to their financial needs.


Official website here: www.hoosierunitedcu.com

What do the Facebook reviews say about Hoosier United Credit Union?

100% of 10 reviewers on Facebook recommend Hoosier United Credit Union. Here is a summary of their reviews:

Many users express satisfaction with the low credit card rates offered by the credit union. Their positive experiences highlight the financial benefits of being a member, suggesting that Hoosier United delivers on its promise of competitive rates.

Overall, the feedback indicates a strong sense of trust and appreciation among members, reflecting well on the credit union’s services. It appears that members feel they are receiving good value and support from their financial institution.


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

Is Hoosier United Credit Union legitimate?

Hoosier United Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hoosier United 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: $94,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,311

For more financial information, click here


Official website here: www.hoosierunitedcu.com

What is the mission statement of Hoosier United Credit Union?

Hoosier United Credit Union functions as a state-chartered institution, firmly believing in the principle of members assisting members. They offer personalized individual service and cater to the financial needs of their approximately 2,893 members through their loan and share products. The credit union's mission is centered around providing a supportive environment where members can help and uplift each other, emphasizing the importance of personalized service.


Official website here: www.hoosierunitedcu.com

Who is the CEO of Hoosier United Credit Union?

Jennifer Mulligan is the Chairman of Hoosier United Credit Union. The CEO's salary of Hoosier United Credit Union is $94,711 and their total compensation is $116,851.


Official website here: www.hoosierunitedcu.com

What is the revenue of Hoosier United Credit Union?

Hoosier United Credit Union's revenue in 2022 was $1,024,711.


Official website here: www.hoosierunitedcu.com

Who are the executives of Hoosier United Credit Union and what are their salaries?

The average compensation at Hoosier United Credit Union during 2022 was $26,902. There are 10 employees and 18 volunteers at Hoosier United Credit Union.


Here are 10 key members and their salaries (Hoosier United Credit Union's CEO's salary is $94,711 and their total compensation is $116,851):


David F Brokaw (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Blume (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Secor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Ross (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Maclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian K Shanahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Cain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mulligan (Ceo)
  • Compensation: $94,711
  • Related: $0
  • Other: $22,140


Official website here: www.hoosierunitedcu.com

Where can I find the form 990 for Hoosier United Credit Union?

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


Official website here: www.hoosierunitedcu.com

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

Mission Statement of Hoosier United Credit Union

Hoosier United Credit Union is a member-focused organization, operating under a state charter. It is guided by the principle of 'members helping members,' and this ethos is reflected in its personalized individual service. The credit union offers a range of loan and share products to cater to its nearly 2,893 members, demonstrating its commitment to its member base. In essence, Hoosier United Credit Union operates with the aim of fostering a sense of community among its members, while providing them with tailored financial services.

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Impact




October, 2024

Hoosier United Credit Union plays a significant role in fostering community improvement through its commitment to personalized service and a member-centric philosophy. By operating as a state-chartered credit union, it emphasizes the principle of "members helping members," ensuring that financial services are tailored to meet the unique needs of nearly 2,893 individuals in Indianapolis and beyond.

The credit union's diverse loan and share products empower its members, making it easier for them to achieve their financial goals. This focus on individual service not only enhances financial literacy and stability among its members but also strengthens the community as a whole. By prioritizing collaboration and support within its membership, Hoosier United Credit Union actively contributes to building a more resilient and engaged community.




This information is meant to be a general summary of Hoosier United 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
$1,024,711 (2022)
Expenses
$894,317 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $202,552
  • Program Service Revenue: $549,109
  • Gross Receipts: $1,024,711

Assets and Liabilities:

  • Total Assets: $36,629,276
  • Total Liabilities: $33,463,140
  • Net Assets: $3,166,136

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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

$549,109

Organization Details

Founding Year

1931

Principal Officer

Jennifer Mulligan

Main Address

1828 NORTH MERIDIAN STREET STE 102, INDIANAPOLIS, IN, 46202

NTEE Category

Code: S20 - Community improvement

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