Chicago Firefighters Credit Union

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

EIN: 360862203 ✦ Chicago, IL ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Chicago Firefighters Credit Union?

Chicago Firefighters Credit Union is a nonprofit organization, established with a mission to foster savings and offer affordable loans to its members. Situated in Chicago, Illinois, specifically at 6230 S Central Avenue, this credit union operates on a cooperative, non-profit basis, benefiting its members collectively. With a modest workforce of seven employees, the credit union is committed to promoting thrift and extending financial assistance through low-cost loans, contributing to the overall financial well-being of its members.


Official website here: www.chicagofirefighterscu.com

Is Chicago Firefighters Credit Union legitimate?

Chicago Firefighters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Chicago Firefighters 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: $210,509
Professional Fundraising Fees: $0
Other Salaries and Wages: $417,371

For more financial information, click here


Official website here: www.chicagofirefighterscu.com

What is the mission statement of Chicago Firefighters Credit Union?

Chicago Firefighters Credit Union is committed to promoting thrift among its members and providing them with affordable loan options. This mission is carried out on a cooperative and non-profit basis, benefiting the membership as a whole. The credit union operates with the mutual interest of its members in mind, ensuring they have access to financial services at reasonable costs. This cooperative approach enables members to save money and take advantage of lower interest rates for loans. The primary objective is to serve and support the financial needs of its member base.


Official website here: www.chicagofirefighterscu.com

Who is the CEO of Chicago Firefighters Credit Union?

Gloria L Hnojsky is the Former Prestreas of Chicago Firefighters Credit Union. The CEO's salary of Chicago Firefighters Credit Union is $184,583 and their total compensation is $194,177.


Official website here: www.chicagofirefighterscu.com

What is the revenue of Chicago Firefighters Credit Union?

Chicago Firefighters Credit Union's revenue in 2022 was $2,659,682.


Official website here: www.chicagofirefighterscu.com

Who are the executives of Chicago Firefighters Credit Union and what are their salaries?

The average compensation at Chicago Firefighters Credit Union during 2022 was $89,697. There are 7 employees at Chicago Firefighters Credit Union.


Here are 11 key members and their salaries (Chicago Firefighters Credit Union's CEO's salary is $184,583 and their total compensation is $194,177):


Robert S Reynolds (Former Prestreas)
  • Compensation: $3,175
  • Related: $0
  • Other: $0
Gloria L Hnojsky (Presidentceo)
  • Compensation: $184,583
  • Related: $0
  • Other: $9,594
Gloria L Hnojsky (Former Vpsecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret L Doran (Operations Manger)
  • Compensation: $102,858
  • Related: $0
  • Other: $0
Michael V Dudak (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Sullivan (Treasurersecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard A O'Donnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas D Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory M Kurcab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Roche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chicagofirefighterscu.com

Where can I find the form 990 for Chicago Firefighters Credit Union?

Chicago Firefighters Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chicagofirefighterscu.com

Learn more at the official website: www.chicagofirefighterscu.com

Mission Statement of Chicago Firefighters Credit Union

The Chicago Firefighters Credit Union is established with a mission to promote financial thrift among its members and provide them with affordable loan options. This mission is carried out in a cooperative and non-profit manner, benefiting the collective interest of its membership. The credit union operates on the principle of mutual aid, ensuring that its services are accessible and affordable for its members. By promoting thrift and offering low-cost loans, the Chicago Firefighters Credit Union seeks to empower its members financially, providing them with the tools they need to manage their finances effectively.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Chicago Firefighters Credit Union significantly impacts its community by promoting thrift and providing low-cost loans to its members. By operating on a co-operative basis, it empowers members to benefit from affordable financial services tailored to their unique needs. This focus on mutual support fosters a sense of solidarity among members, particularly within the firefighting community in Chicago. The credit union not only encourages responsible saving habits but also ensures that members have access to essential financial resources, thereby enhancing their overall economic stability and well-being.




This information is meant to be a general summary of Chicago Firefighters 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
$2,659,682 (2022)
Expenses
$1,777,163 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $471,646
  • Program Service Revenue: $1,901,095
  • Gross Receipts: $2,659,682

Assets and Liabilities:

  • Total Assets: $77,133,352
  • Total Liabilities: $67,028,180
  • Net Assets: $10,105,172

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST ON MBR LOANS

Revenue

$1,901,095

Organization Details

Founding Year

1937

Principal Officer

Gloria L Hnojsky

Main Address

6230 S CENTRAL AVENUE, CHICAGO, IL, 60638

NTEE Category

Code: W60 - Public benefit

If you are a representative of Chicago Firefighters Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.