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Burlington Northern Santa Fe Railway Credit Union

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

EIN: 360856440 ✦ Cicero, IL ✦ Designated as a 501(c)(14)

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Overview

What is Burlington Northern Santa Fe Railway Credit Union?

Burlington Northern Santa Fe Railway Credit Union is a member-oriented financial institution situated in Cicero, Illinois. As a credit union, its primary purpose is to provide a secure and competitive savings environment for its members. The credit union also implements initiatives to assist in managing the costs associated with staffing, ensuring adequate service to its members. It operates as a nonprofit entity, offering its services exclusively to its members.

Is Burlington Northern Santa Fe Railway Credit Union legitimate?

Burlington Northern Santa Fe Railway Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Burlington Northern Santa Fe Railway 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: $67,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,998

For more financial information, click here

What is the mission statement of Burlington Northern Santa Fe Railway Credit Union?

Burlington Northern Santa Fe Railway Credit Union serves as a financial institution for its members, providing a secure place to save money at competitive rates. The credit union is committed to addressing the cost of staffing, implementing programs to support this endeavor. Located beyond the scope of this information, Burlington Northern Santa Fe Railway Credit Union prioritizes its members' needs, offering a staff to cater to their financial requirements. While the mission statement is not explicitly stated, the credit union's focus on member savings and staff support can be inferred.

Who is the CEO of Burlington Northern Santa Fe Railway Credit Union?

Angelic Billings is the President of Burlington Northern Santa Fe Railway Credit Union.

What is the revenue of Burlington Northern Santa Fe Railway Credit Union?

Burlington Northern Santa Fe Railway Credit Union's revenue in 2022 was $263,536.

Who are the executives of Burlington Northern Santa Fe Railway Credit Union and what are their salaries?

The average compensation at Burlington Northern Santa Fe Railway Credit Union during 2022 was $54,890. There are 2 employees and 9 volunteers at Burlington Northern Santa Fe Railway Credit Union.


Here are 9 key members and their salaries:


Angelic Billings (President)
  • Compensation: $67,782
  • Related: $0
  • Other: $0
Ronald Poindexter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denes Bennett (Membership Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Reckling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pasquini (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Merrill (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Vasquez (Supervisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Robinson (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Burlington Northern Santa Fe Railway Credit Union?

Burlington Northern Santa Fe Railway Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Burlington Northern Santa Fe Railway Credit Union

Burlington Northern Santa Fe Railway Credit Union, as a credit union, serves its members by providing a secure space for saving money at competitive rates. The organization also implements initiatives to help offset the costs associated with staffing to meet the needs of its members. By doing so, Burlington Northern Santa Fe Railway Credit Union aims to support its members financially, fostering a sense of financial security and stability.

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Impact




October, 2024

Burlington Northern Santa Fe Railway Credit Union plays a vital role in the economic well-being of its members by providing a secure and competitive environment for saving money. By offering attractive savings rates, it encourages members to build their financial security. The credit union also supports its members by facilitating access to essential financial services, including loan products and advice tailored to their needs.

In addition to its financial offerings, the credit union invests in programs aimed at maintaining a high level of service for its members. This commitment to providing well-staffed and responsive customer service enhances the overall member experience and fosters a sense of community among its clientele.

Located in Cicero, IL, Burlington Northern Santa Fe Railway Credit Union not only meets the immediate financial needs of its members but also contributes to the broader economic landscape of the area. By promoting financial literacy and responsible saving practices, it empowers individuals and families to make informed decisions about their finances, ultimately enhancing their quality of life.




This information is meant to be a general summary of Burlington Northern Santa Fe Railway 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
$263,536 (2022)
Expenses
$333,799 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38,744
  • Program Service Revenue: $224,792
  • Gross Receipts: $263,536

Assets and Liabilities:

  • Total Assets: $8,038,609
  • Total Liabilities: $6,568,798
  • Net Assets: $1,469,811

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Programs

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

Fees and Charges to Members

Revenue

$6,710

Misc Service Income

Revenue

$59,304

Organization Details

Founding Year

1937

Principal Officer

Angelic Billings

Main Address

5601 W 26th Street, Cicero, IL, 60804

NTEE Category

Code: W61 - Public benefit

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