Overview
What is Peoples Energy Credit Union?
Peoples Energy Credit Union is a member-focused financial institution situated in an unspecified location. Its primary objective is to help members manage their financial health by offering various services such as loans, savings accounts, and other financial products. The organization prides itself on fostering strong, enduring relationships with its members by delivering top-notch service, ensuring financial security, and providing competitive rates. As of the provided information, Peoples Energy Credit Union has received savings deposits from 2,004 individuals and granted Home Equity Loans to 8 members.
Official website here: www.peoplesenergycu.org
Is Peoples Energy Credit Union legitimate?
Peoples Energy Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Peoples Energy 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: $207,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,618
For more financial information, click here
Official website here: www.peoplesenergycu.org
What is the mission statement of Peoples Energy Credit Union?
Peoples Energy Credit Union's mission is centered around establishing and sustaining robust relationships with its members. They accomplish this by offering exceptional service and ensuring financial stability while providing competitive rate financial products, such as loans and savings accounts. The credit union's primary objective is to assist members in managing their financial well-being in a friendly and professional manner. It has garnered deposits from 2,004 members and granted Home Equity Loans to 8 members, demonstrating its commitment to fulfilling its mission.
Official website here: www.peoplesenergycu.org
Who is the CEO of Peoples Energy Credit Union?
Patricia Murphy is the President of Peoples Energy Credit Union.
Official website here: www.peoplesenergycu.org
What is the revenue of Peoples Energy Credit Union?
Peoples Energy Credit Union's revenue in 2022 was $837,005.
Official website here: www.peoplesenergycu.org
Who are the executives of Peoples Energy Credit Union and what are their salaries?
The average compensation at Peoples Energy Credit Union during 2022 was $54,288. There are 5 employees and 5 volunteers at Peoples Energy Credit Union.
Here are 7 key members and their salaries:
- Compensation: $104,186
- Related: $0
- Other: $0
- Compensation: $84,742
- 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.peoplesenergycu.org
Where can I find the form 990 for Peoples Energy Credit Union?
Peoples Energy Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.peoplesenergycu.org
Learn more at the official website: www.peoplesenergycu.org
Mission Statement of Peoples Energy Credit Union
Peoples Energy Credit Union, with a mission to build and sustain robust relationships with its members, is dedicated to assisting them in managing their financial well-being. This nonprofit organization accomplishes this by offering a range of financial services, including loans and savings accounts, in a friendly and professional manner. By delivering these financial products at competitive rates, Peoples Energy Credit Union aims to ensure the fiscal security of its members. The credit union's mission is to establish and maintain lasting connections with its members, ensuring they receive top-notch service while benefiting from financially sound offerings.
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
Peoples Energy Credit Union plays a significant role in enhancing the financial well-being of its members. By offering a variety of financial services, including loans and savings accounts, the credit union helps individuals manage their finances effectively. With a focus on building long-lasting relationships, Peoples Energy Credit Union prioritizes superior customer service and fiscal security, ensuring that members have access to competitive financial products.
The credit union currently serves 2,004 members through their savings deposit services and has provided home equity loans to 8 members, highlighting its commitment to supporting the financial aspirations of its community. Located in Chicago, IL, Peoples Energy Credit Union fosters a friendly and professional environment, aiming to create a lasting positive impact on the financial lives of its members while promoting public benefit.
This information is meant to be a general summary of Peoples Energy 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: $353,531
- Program Service Revenue: $483,472
- Gross Receipts: $837,005
Assets and Liabilities:
- Total Assets: $34,844,700
- Total Liabilities: $29,860,668
- Net Assets: $4,984,032
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 Loans
Revenue
$457,053
Fines-excessive share w/d
Revenue
$7,544
Member Loans Protection Insurance-MRC-GAP
Revenue
$12,305
Organization Details
Founding Year
1935
Phone
(312) 240-4970Principal Officer
Patricia Murphy
Main Address
200 E Randolph Drive 22nd Floor, Chicago, IL, 60601
Website
www.peoplesenergycu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Peoples Energy 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.