Overview
What is Moline Municipal Credit Union?
Moline Municipal Credit Union is a nonprofit organization located at 1618 15th Street, Moline, Illinois (61265). With a team of nine dedicated individuals, its primary mission is to serve the financial needs of its 2,720 members. By offering loans, savings accounts, and various related services, Moline Municipal Credit Union aims to assist its members in managing their financial well-being effectively. The nonprofit is committed to supporting its members and helping them navigate their financial journeys.
Is Moline Municipal Credit Union legitimate?
Moline Municipal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Moline Municipal 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: $199,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,438
For more financial information, click here
What is the mission statement of Moline Municipal Credit Union?
The Moline Municipal Credit Union's primary objective is to assist its members in managing their financial well-being. They achieve this by offering various financial services, including savings accounts and loans. The credit union is dedicated to benefiting its 2,720 members through these services. By doing so, the credit union aims to contribute positively to its members' financial stability and growth. It's a member-centric organization, providing essential financial tools to its membership base.
Who is the CEO of Moline Municipal Credit Union?
Connie Adkison is the Ceo/Treas of Moline Municipal Credit Union. The CEO's salary of Moline Municipal Credit Union is $199,093 and their total compensation is $214,476.
What is the revenue of Moline Municipal Credit Union?
Moline Municipal Credit Union's revenue in 2022 was $2,032,015.
Who are the executives of Moline Municipal Credit Union and what are their salaries?
The average compensation at Moline Municipal Credit Union during 2022 was $62,837. There are 9 employees and 9 volunteers at Moline Municipal Credit Union.
Here are 9 key members and their salaries (Moline Municipal Credit Union's CEO's salary is $199,093 and their total compensation is $214,476):
- Compensation: $199,093
- Related: $0
- Other: $15,383
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Moline Municipal Credit Union?
Moline Municipal Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Moline Municipal Credit Union
Moline Municipal Credit Union is dedicated to assisting its members in managing their financial well-being. This nonprofit organization achieves this mission by offering a range of services, primarily focusing on providing loans and savings accounts. With a membership base of 2,720 individuals, Moline Municipal Credit Union plays a significant role in helping its members navigate their financial lives. The credit union's services extend beyond just lending and savings, offering additional benefits to its members.
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Impact
October, 2024
Moline Municipal Credit Union plays a crucial role in enhancing the financial well-being of its 2,720 members in Moline, Illinois. By providing essential services such as loans and savings accounts, the credit union empowers its members to effectively manage their finances. This approach not only facilitates individual financial stability but also contributes to the overall economic health of the community.
Through its focus on member services, the credit union fosters a supportive environment where individuals can grow their savings and obtain loans that meet their needs. This impact extends beyond individual members, as the credit union's operations help to strengthen local economic activity and provide resources for community development. By prioritizing the financial interests of its members, Moline Municipal Credit Union enhances the quality of life for those it serves and promotes a culture of financial responsibility and growth within the Moline area.
This information is meant to be a general summary of Moline Municipal 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: $234,681
- Program Service Revenue: $1,797,334
- Gross Receipts: $2,032,015
Assets and Liabilities:
- Total Assets: $50,396,257
- Total Liabilities: $43,325,303
- Net Assets: $7,070,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON MEMBER LOANS
Revenue
$1,399,200
FEE INCOME
Revenue
$165,380
OTHER INCOME
Revenue
$232,754
Organization Details
Founding Year
1935
Phone
(309) 797-2185Principal Officer
Connie Adkison
Main Address
1618 15TH ST, MOLINE, IL, 61265
NTEE Category
Code: W60 - Public benefit
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