Kemba Indianapolis Credit Union

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

EIN: 356028204 ✦ Indianapolis, IN ✦ Designated as a 501(c)(14)

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Overview

What is Kemba Indianapolis Credit Union?

Kemba Indianapolis Credit Union is a state-chartered financial institution situated in Indianapolis, Indiana, specifically at 444 South Shorridge Road. Their primary mission is to offer loan and deposit services to their credit union members. As a nonprofit organization, they operate with a team of 17 dedicated employees, contributing to the financial well-being of their members within the state.


Official website here: www.mykemba.org

Is Kemba Indianapolis Credit Union legitimate?

Kemba Indianapolis Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Kemba Indianapolis 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: $1,373,181

For more financial information, click here


Official website here: www.mykemba.org

What is the mission statement of Kemba Indianapolis Credit Union?

Kemba Indianapolis Credit Union, as a state-chartered credit union, is dedicated to providing loan and deposit services to its members. Its mission is centered around offering financial assistance and savings options to its members, thereby contributing to their financial well-being. The credit union operates with a focus on meeting the financial needs of its members, ensuring they have access to essential financial services.


Official website here: www.mykemba.org

Who is the CEO of Kemba Indianapolis Credit Union?

Karla Salisbury is the CEO of Kemba Indianapolis Credit Union The CEO's salary of Kemba Indianapolis Credit Union is $228,112 and their total compensation is $228,112.


Official website here: www.mykemba.org

What is the revenue of Kemba Indianapolis Credit Union?

Kemba Indianapolis Credit Union's revenue in 2024 was $4,902,862.


Official website here: www.mykemba.org

Who are the executives of Kemba Indianapolis Credit Union and what are their salaries?

The average compensation at Kemba Indianapolis Credit Union during 2024 was $80,775. There are 17 employees at Kemba Indianapolis Credit Union.

Here are 9 key members and their salaries (Kemba Indianapolis Credit Union's CEO's salary is $228,112 and their total compensation is $228,112):


Paul Sahm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Seay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Bohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Greiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Heazeltine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Wessel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fearing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Salisbury (President & Ceo)
  • Compensation: $228,112
  • Related: $0
  • Other: $0
Brian Wilkerson (Sr Vice President/Coo)
  • Compensation: $172,490
  • Related: $0
  • Other: $0


Official website here: www.mykemba.org

Where can I find the form 990 for Kemba Indianapolis Credit Union?

Kemba Indianapolis Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mykemba.org

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

Mission Statement of Kemba Indianapolis Credit Union

Kemba Indianapolis Credit Union, as a state-chartered credit union, is committed to providing loan and deposit services to its members. This mission is centered around the belief that financial assistance and stability are essential components of personal and community growth. By offering these services, Kemba Indianapolis Credit Union aims to empower its members, enabling them to manage their finances effectively and achieve their financial goals. The credit union's activities are guided by its role as a state-chartered entity, ensuring it operates within the regulations and guidelines set by the relevant authorities.

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Impact




October, 2024

Kemba Indianapolis Credit Union plays a significant role in the local community by providing essential financial services to its members. As a state-chartered credit union, it focuses on offering both loans and deposit services, which help promote financial stability and growth among its members. This access to financial resources enables individuals and families to invest in major life projects such as purchasing homes, financing education, or starting businesses.

The credit union emphasizes inclusivity and community engagement, allowing members to feel a sense of ownership and participation in their financial well-being. This not only fosters trust but also strengthens the overall economic fabric of Indianapolis. By prioritizing the needs of its members and promoting responsible lending practices, Kemba Indianapolis Credit Union contributes to the public benefit and empowers individuals to achieve their financial goals.




This information is meant to be a general summary of Kemba Indianapolis 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
$4,902,862 (2024)
Expenses
$4,214,595 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,664,273
  • Program Service Revenue: $3,108,509
  • Gross Receipts: $4,902,862

Assets and Liabilities:

  • Total Assets: $83,830,914
  • Total Liabilities: $72,736,819
  • Net Assets: $11,094,095

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Programs

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

LOAN INTEREST

Revenue

$2,083,318

INTERCHANGE AND OTHER

Revenue

$518,916

FEE INCOME

Revenue

$506,275

Organization Details

Founding Year

1933

Principal Officer

Brian Wilkerson

NTEE Category

Code: W60 - Public benefit

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