Aurora Postal Employees Credit Union

Aurora Postal Employees Credit Union

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

EIN: 360757655 ✦ Aurora, IL ✦ Designated as a 501(c)(14)

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Overview

What is Aurora Postal Employees Credit Union?

Aurora Postal Employees Credit Union is a nonprofit organization that serves the local postal community and their families. Its primary mission is to offer share accounts and loans at affordable rates to its members, who are primarily postal employees. This credit union specializes in catering to the financial needs of its members, providing them with financial assistance through reasonable rate loans.

Is Aurora Postal Employees Credit Union legitimate?

Aurora Postal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Aurora Postal Employees 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: $32,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,275

For more financial information, click here

What is the mission statement of Aurora Postal Employees Credit Union?

Aurora Postal Employees Credit Union is dedicated to serving the financial needs of local postal employees and their immediate families. Their mission is to offer share accounts and loans at reasonable rates, providing a reliable financial solution within their community. The credit union's programs are tailored specifically for its postal employee members, aiming to cater to their financial requirements effectively.

Who is the CEO of Aurora Postal Employees Credit Union?

Keith Thompson is the Vice President of Aurora Postal Employees Credit Union. The CEO's salary of Aurora Postal Employees Credit Union is $18,600 and their total compensation is $18,600.

What is the revenue of Aurora Postal Employees Credit Union?

Aurora Postal Employees Credit Union's revenue in 2022 was $88,183.

Who are the executives of Aurora Postal Employees Credit Union and what are their salaries?

The average compensation at Aurora Postal Employees Credit Union during 2022 was $11,147. There are 3 employees and 7 volunteers at Aurora Postal Employees Credit Union.


Here are 10 key members and their salaries (Aurora Postal Employees Credit Union's CEO's salary is $18,600 and their total compensation is $18,600):


Frank Appello (Secretary)
  • Compensation: $13,566
  • Related: $0
  • Other: $0
Angela Bateman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trina Burket (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dorsey (Treasurer Ceo)
  • Compensation: $18,600
  • Related: $0
  • Other: $0
David Fruit (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Hayes (Supv Comm Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Kiley (Director)
  • Compensation: $1,275
  • Related: $0
  • Other: $0
Anna Pederson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aurora Postal Employees Credit Union?

Aurora Postal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aurora Postal Employees Credit Union

Aurora Postal Employees Credit Union is committed to serving the financial needs of local postal employees and their immediate families. Their mission, in essence, is to provide affordable share accounts and loans. By doing so, this nonprofit institution aims to extend financial assistance to its member base, which primarily consists of postal workers. This credit union tailors its programs specifically to cater to the needs of its postal employee members, ensuring they have access to financial services at reasonable rates.

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Impact




October, 2024

Aurora Postal Employees Credit Union plays a critical role in supporting local postal employees and their families by offering share accounts and loans at reasonable rates. This financial institution is specifically dedicated to meeting the unique needs of postal workers, ensuring they have access to affordable banking services. By catering to this community, the credit union helps enhance financial stability and security for its members, allowing them to manage their finances effectively.

The credit union's programs not only provide essential financial services but also contribute to the overall wellbeing of postal workers and their families. By focusing on this specific demographic, Aurora Postal Employees Credit Union fosters a sense of community and support among its members. The impact extends beyond individual financial health, contributing to the economic stability of the local area in Aurora, IL, as it empowers postal employees to make informed financial decisions and achieve their personal financial goals.




This information is meant to be a general summary of Aurora Postal Employees 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
$88,183 (2022)
Expenses
$82,807 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $84,476
  • Gross Receipts: $88,183

Assets and Liabilities:

  • Total Assets: $2,329,814
  • Total Liabilities: $6,634
  • Net Assets: $2,323,180

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Organization Details

Founding Year

1932

Principal Officer

Keith Thompson

Main Address

PO BOX 2662, AURORA, IL, 605072662

NTEE Category

Code: W60 - Public benefit

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