Department Of Financial Institution Div Hoosier Hills Credit Union

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

EIN: 351083471 ✦ Bedford, IN ✦ Designated as a 501(c)(14)

Overview

What is Department Of Financial Institution Div Hoosier Hills Credit Union?

Department of Financial Institution Div Hoosier Hills Credit Union is a state-chartered financial cooperative based in Bedford, Indiana. This credit union is dedicated to offering savings and loan services to its members. As a community-focused organization, its mission is to provide essential financial products to its members. The credit union is an integral part of the financial landscape in Indiana.


Official website here: www.hoosierhillscu.org

Is Department Of Financial Institution Div Hoosier Hills Credit Union legitimate?

Department Of Financial Institution Div Hoosier Hills Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Department Of Financial Institution Div Hoosier Hills 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,262,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,465,458

For more financial information, click here


Official website here: www.hoosierhillscu.org

What is the mission statement of Department Of Financial Institution Div Hoosier Hills Credit Union?

The Department of Financial Institution Div Hoosier Hills Credit Union is a cooperative financial institution dedicated to offering savings and loan products to its members. As a state-chartered entity, it serves its community by providing essential financial services. The mission of the credit union is geared towards empowering members to manage their financial resources effectively. Through the provision of savings products, members are encouraged to save for future needs, while the availability of loans helps them meet their short-term financial requirements. By offering these financial services, the credit union contributes to the financial well-being of its members.


Official website here: www.hoosierhillscu.org

Who is the CEO of Department Of Financial Institution Div Hoosier Hills Credit Union?

Joe Ward is the President/Ceo of Department Of Financial Institution Div Hoosier Hills Credit Union. The CEO's salary of Department Of Financial Institution Div Hoosier Hills Credit Union is $449,019 and their total compensation is $503,674.


Official website here: www.hoosierhillscu.org

What is the revenue of Department Of Financial Institution Div Hoosier Hills Credit Union?

Department Of Financial Institution Div Hoosier Hills Credit Union's revenue in 2022 was $38,853,089.


Official website here: www.hoosierhillscu.org

Who are the executives of Department Of Financial Institution Div Hoosier Hills Credit Union and what are their salaries?

The average compensation at Department Of Financial Institution Div Hoosier Hills Credit Union during 2022 was $65,609. There are 194 employees and 12 volunteers at Department Of Financial Institution Div Hoosier Hills Credit Union.

Here are 16 key members and their salaries (Department Of Financial Institution Div Hoosier Hills Credit Union's CEO's salary is $449,019 and their total compensation is $503,674):

    Travis Markley (President/Ceo)
  • Compensation: $449,019
  • Related: $0
  • Other: $54,655

    • Joe Ward (Chief Financial Officer)
  • Compensation: $213,891
  • Related: $0
  • Other: $40,668

    • Charles King (Evp Chief Administrative Officer)
  • Compensation: $210,397
  • Related: $0
  • Other: $44,126

    • Russell Wilkie (Evp & Chief Experience Officer)
  • Compensation: $207,517
  • Related: $0
  • Other: $42,329

    • Jay Anderson (President-Hoosier Hills Invest)
  • Compensation: $209,062
  • Related: $0
  • Other: $37,512

    • James Aldridge (Svp Technology & Innovation)
  • Compensation: $209,419
  • Related: $0
  • Other: $21,546

    • Steve Hawkins (Svp Commercial Services)
  • Compensation: $192,822
  • Related: $0
  • Other: $38,117

    • Katherine Beauchamp (Svp Human Resources & Talent Management)
  • Compensation: $155,976
  • Related: $0
  • Other: $32,207

    • Sarah Evans (Svp Risk Management)
  • Compensation: $153,551
  • Related: $0
  • Other: $32,078

    • R Alan Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennie Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sally Gogel Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Wilkinson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Brown (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Meadows (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Johnson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hoosierhillscu.org

    Where can I find the form 990 for Department Of Financial Institution Div Hoosier Hills Credit Union?

    The Department Of Financial Institution Div Hoosier Hills Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hoosierhillscu.org

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

    Mission Statement of Department Of Financial Institution Div Hoosier Hills Credit Union

    Department of Financial Institution Div Hoosier Hills Credit Union, a state-chartered cooperative financial institution, is dedicated to delivering savings and loan solutions to its valued members. In simple terms, this credit union serves as a financial partner, offering its members various financial products to help them manage their money effectively.

    Established with a mission to provide savings and loan products, Department of Financial Institution Div Hoosier Hills Credit Union aims to empower its members to achieve their financial goals. This mission translates into a range of offerings designed to meet the diverse financial needs of its members, from savings accounts and certificates of deposit to mortgages and personal loans. By offering these products, the credit union enables its members to build a solid financial foundation and manage their money with confidence.

    Moreover, the cooperative nature of this financial institution sets it apart. As a member-owned organization, Department of Financial Institution Div Hoosier Hills Credit Union operates under the belief that financial success is best achieved when individuals come together and support each other. This cooperative spirit is reflected in the personalized service the credit union provides, ensuring that each member receives the tailored financial guidance they need to make informed decisions and reach their goals.

    Impact

    This information is meant to be a general summary of Department Of Financial Institution Div Hoosier Hills Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of Department Of Financial Institution Div Hoosier Hills Credit Union is primarily focused on providing savings and loan products to its members in Bedford, IN. This contributes to the financial well-being of individuals and the community by offering accessible and affordable financial services. The credit union's mission emphasizes serving the needs of its members through cooperative principles, helping them achieve their financial goals and maintain financial stability. Through its public benefit tag, the credit union demonstrates its commitment to benefiting the public and fostering economic growth in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,961,451
  • Program Service Revenue: $28,148,099
  • Gross Receipts: $38,853,089

    • Assets and Liabilities:
  • Total Assets: $884,527,149
  • Total Liabilities: $128,739,925
  • Net Assets: $755,787,224
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $28,148,099

    Organization Details

    Founding Year

    1933

    Principal Officer

    Joe Ward

    Main Address

    630 LINCOLN AVENUE, BEDFORD, IN, 47421

    NTEE Category

    Code: W60 - Public benefit

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