Overview
What is Hammond Firefighters Assoccredit Union?
The Hammond Firefighters Assoccredit Union is a modest credit union situated in Hammond, Indiana. Established by local firefighters and their families, this nonprofit organization aims to return as much financial benefit to its members as possible, providing competitive interest rates. With a dedicated workforce of three individuals, the union manages its funds responsibly to achieve its mission and stay financially stable.
Is Hammond Firefighters Assoccredit Union legitimate?
Hammond Firefighters Assoccredit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hammond Firefighters Assoccredit 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: $21,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hammond Firefighters Assoccredit Union?
The Hammond Firefighters Assoccredit Union is a small organization primarily composed of firefighters and their immediate family members. Their mission is to offer competitive interest rates to their members while maintaining financial stability. They achieve this by making prudent investments with their members' funds, thereby fulfilling the organization's goals. This credit union aims to provide as much financial benefit to its members as possible.
Who is the CEO of Hammond Firefighters Assoccredit Union?
Jeffrey Dixon is the Manager of Hammond Firefighters Assoccredit Union.
What is the revenue of Hammond Firefighters Assoccredit Union?
Hammond Firefighters Assoccredit Union's revenue in 2022 was $42,392.
Who are the executives of Hammond Firefighters Assoccredit Union and what are their salaries?
The average compensation at Hammond Firefighters Assoccredit Union during 2022 was $7,150. There are 3 employees and 11 volunteers at Hammond Firefighters Assoccredit Union.
Here are 3 key members and their salaries:
- Compensation: $8,580
- Related: $0
- Other: $0
- Compensation: $8,580
- Related: $0
- Other: $0
- Compensation: $4,290
- Related: $0
- Other: $0
Where can I find the form 990 for Hammond Firefighters Assoccredit Union?
Hammond Firefighters Assoccredit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hammond Firefighters Assoccredit Union
The Hammond Firefighters Association Credit Union is a small financial institution primarily comprised of firefighters and their immediate family members. Their mission is centered around giving back to their members as much as possible, particularly through competitive interest rates, while maintaining financial stability. To achieve this objective, they make prudent investments with their members' funds, ensuring the organization's overall financial health.
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Impact
October, 2024
Hammond Firefighters Association Credit Union significantly enhances the financial well-being of its members, who are primarily firefighters and their immediate families. By focusing on providing competitive interest rates, the credit union ensures that members receive maximum returns on their deposits while maintaining fiscal stability. This commitment to sound financial practices allows for the responsible investment of member funds, facilitating growth and sustainability.
The credit union's operations are grounded in a mission that prioritizes the needs and welfare of its members, fostering a community-oriented approach to financial services. This not only empowers individual members but also strengthens the bonds within the firefighting community in Hammond, Indiana. Overall, Hammond Firefighters Association Credit Union plays a vital role in supporting its members, contributing to their financial health, and reinforcing a sense of solidarity among those who serve the community.
This information is meant to be a general summary of Hammond Firefighters Assoccredit 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: $9,568
- Program Service Revenue: $32,824
- Gross Receipts: $42,392
Assets and Liabilities:
- Total Assets: $1,547,783
- Total Liabilities: $52,492
- Net Assets: $1,495,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM MEMBER LOANS
Revenue
$32,824
Organization Details
Founding Year
1942
Phone
(219) 937-1602Principal Officer
Jeffrey Dixon
Main Address
4950 CEDAR AVE, HAMMOND, IN, 46327
NTEE Category
Code: W60 - Public benefit
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