Overview
What is South Division Credit Union?
South Division Credit Union is a nonprofit financial institution situated in Evergreen Park, Illinois, specifically at 9122 S Kedzie Ave. Their primary mission is to offer a range of financial products and services to their members, aiming to help them achieve their financial goals. These services include savings accounts, checking accounts, money market accounts, auto loans, signature loans, and real estate loans, among others. With a workforce of 24 individuals, the credit union operates to provide deposit financial services to approximately 5400 members, ensuring their financial well-being.
Official website here: www.sdcu.org
Is South Division Credit Union legitimate?
South Division Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. South Division 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: $402,114
Professional Fundraising Fees: $0
Other Salaries and Wages: $737,362
For more financial information, click here
Official website here: www.sdcu.org
What is the mission statement of South Division Credit Union?
South Division Credit Union's mission is centered around providing financial assistance to its members. It aims to help its 5400 members achieve their financial goals by offering a range of services. These services include deposit accounts such as savings and checking, as well as investment options like IRA's. Additionally, the credit union offers loan services, including auto loans and real estate loans, to cater to various financial needs. In essence, South Division Credit Union exists to aid its members in managing their finances effectively.
Official website here: www.sdcu.org
Who is the CEO of South Division Credit Union?
Geraldine M Burek is the Board Member of South Division Credit Union.
Official website here: www.sdcu.org
What is the revenue of South Division Credit Union?
South Division Credit Union's revenue in 2020 was $2,539,534.
Official website here: www.sdcu.org
Who are the executives of South Division Credit Union and what are their salaries?
The average compensation at South Division Credit Union during 2020 was $47,478. There are 24 employees at South Division Credit Union.
Here are 6 key members and their salaries:
- 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: $402,114
- Related: $0
- Other: $0
- Compensation: $6,456
- Related: $0
- Other: $0
Official website here: www.sdcu.org
Where can I find the form 990 for South Division Credit Union?
South Division Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.sdcu.org
Learn more at the official website: www.sdcu.org
Mission Statement of South Division Credit Union
South Division Credit Union, as a financial institution, is committed to assisting its members in achieving their financial goals. Its mission is multifaceted, encompassing the provision of various deposit financial services. This includes the management of savings accounts, checking accounts, and Individual Retirement Accounts (IRAs). Beyond deposit services, the credit union also extends loan services, catering to the needs of its members with offerings such as auto loans and real estate loans. The comprehensive range of financial products and services provided by South Division Credit Union aims to support its 5400 members in their financial endeavors.
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Impact
October, 2024
South Division Credit Union plays a vital role in the financial well-being of its community by offering a variety of financial products and services tailored to meet the needs of its 5,400 members. Located in Evergreen Park, IL, the credit union focuses on helping individuals achieve their financial goals through accessible services such as savings accounts, checking accounts, money market accounts, and various types of loans, including auto and real estate loans.
By providing these essential financial tools, South Division Credit Union empowers its members to manage their finances effectively, build savings, and make informed borrowing decisions. This support contributes to the overall economic stability and growth of the community, fostering a sense of financial security among its members.
This information is meant to be a general summary of South Division 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 2020.
- Investment Income: $325,479
- Program Service Revenue: $2,172,055
- Gross Receipts: $2,539,534
Assets and Liabilities:
- Total Assets: $48,940,067
- Total Liabilities: $46,835,244
- Net Assets: $2,104,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loans to members
Revenue
$1,088,508
Fee Income
Revenue
$1,083,547
Organization Details
Founding Year
1935
Phone
(708) 857-7070Principal Officer
Geraldine M Burek
Main Address
9122 S Kedzie Ave, Evergreen Park, IL, 60805
Website
www.sdcu.orgNTEE Category
Code: W61 - Public benefit
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