Overview
What is Chicago Post Office Employees Credit Union?
Chicago Post Office Employees Credit Union is a member-focused financial institution based in Chicago, Illinois, specifically at 10025 South Western Avenue. This Illinois-chartered credit union operates with the primary objective of aiding its members in managing their financial well-being. It achieves this by providing various financial services such as consumer loans, savings accounts, and other financial institution services in a friendly and professional manner. As of December 31, 2022, the credit union had 87,153 outstanding consumer loans amounting to $15,185,042. With a team of 10 dedicated employees, Chicago Post Office Employees Credit Union continues to serve its members with financial assistance and support.
Official website here: www.cpoecu.com
What do the Facebook reviews say about Chicago Post Office Employees Credit Union?
CPOECU has received positive sentiments from its early reviewers on Facebook. Although the organization is not yet rated based on a larger sample size, the feedback thus far highlights the credit union's commitment to providing excellent financial opportunities. One reviewer particularly emphasized their satisfaction with the services offered.
Overall, while the number of reviews is limited, they indicate a promising start for the Chicago Post Office Employees Credit Union in delivering value to its members. Those involved so far seem optimistic about the institution's potential benefits.
This AI summary has been generated from reviews found on Facebook.
Is Chicago Post Office Employees Credit Union legitimate?
Chicago Post Office Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Chicago Post Office 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: $127,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $498,764
For more financial information, click here
Official website here: www.cpoecu.com
What is the mission statement of Chicago Post Office Employees Credit Union?
The Chicago Post Office Employees Credit Union is a member-focused financial institution, operating under an Illinois state charter. Its primary mission is to aid its members in managing their financial well-being by providing various financial services such as loans and savings accounts. This is done in a friendly and professional manner. As a credit union, it offers loans to its members and pays dividends to those with share savings deposits at competitive interest rates. The credit union serves its members by making and servicing consumer loans, with 87,153 such loans outstanding at the end of 2022, totaling $15,185,042.
Official website here: www.cpoecu.com
Who is the CEO of Chicago Post Office Employees Credit Union?
Deborah Fears is the President/Ceo of Chicago Post Office Employees Credit Union. The CEO's salary of Chicago Post Office Employees Credit Union is $127,981 and their total compensation is $127,981.
Official website here: www.cpoecu.com
What is the revenue of Chicago Post Office Employees Credit Union?
Chicago Post Office Employees Credit Union's revenue in 2022 was $2,341,735.
Official website here: www.cpoecu.com
Who are the executives of Chicago Post Office Employees Credit Union and what are their salaries?
The average compensation at Chicago Post Office Employees Credit Union during 2022 was $62,674. There are 10 employees and 12 volunteers at Chicago Post Office Employees Credit Union.
Here are 8 key members and their salaries (Chicago Post Office Employees Credit Union's CEO's salary is $127,981 and their total compensation is $127,981):
- Compensation: $127,981
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cpoecu.com
Where can I find the form 990 for Chicago Post Office Employees Credit Union?
Chicago Post Office Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cpoecu.com
Learn more at the official website: www.cpoecu.com
Mission Statement of Chicago Post Office Employees Credit Union
Chicago Post Office Employees Credit Union, as an Illinois-chartered organization, is dedicated to serving its members by promoting their financial well-being. It achieves this mission by offering various financial services such as loans and savings accounts in a friendly and professional manner. The credit union operates on a mutual basis, meaning it lends money to its members and pays dividends to those with share savings deposits at competitive interest rates. Specifically, it provides consumer loans to its members, with a total of 87,153 loans outstanding as of December 31, 2022, amounting to $15,185,042. In essence, Chicago Post Office Employees Credit Union is committed to assisting its members in managing their finances effectively, ensuring they have access to necessary loans and saving opportunities.
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Impact
October, 2024
Chicago Post Office Employees Credit Union significantly enhances the financial well-being of its members by providing essential services such as loans, savings accounts, and various financial institution offerings. With a mission focused on mutual benefit, the credit union has established itself as a trusted partner for its members in managing their finances effectively.
As of December 31, 2022, the credit union actively serviced 87,153 consumer loans, totaling $15,185,042. This demonstrates not only its capacity to support its members' financial needs but also its commitment to fostering a thriving community through accessible financial services. By offering competitive interest rates on savings deposits and providing a friendly, professional environment, the Chicago Post Office Employees Credit Union plays a critical role in empowering its members to achieve their financial goals.
This information is meant to be a general summary of Chicago Post Office 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $87,388
- Program Service Revenue: $2,254,347
- Gross Receipts: $2,341,735
Assets and Liabilities:
- Total Assets: $28,147,449
- Total Liabilities: $22,050,693
- Net Assets: $6,096,756
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS TO MEMBERS
Revenue
$1,356,585
PRODUCT AND SERVICE FEES
Revenue
$817,749
INSURANCE RELATED PRODUCT INCOME
Revenue
$80,013
Organization Details
Founding Year
1928
Phone
(773) 881-2500Principal Officer
Deborah Fears
Main Address
10025 SOUTH WESTERN AVENUE, CHICAGO, IL, 60643
Website
www.cpoecu.comNTEE Category
Code: W60 - Public benefit
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