Overview
What is United Credit Union?
United Credit Union, located in Chicago, Illinois, is a nonprofit organization serving over 19,000 members. Their primary mission is to promote savings and offer credit at affordable interest rates, benefiting their members. They provide various financial services, including loans and deposit products. With a staff of 67 individuals, United Credit Union aims to contribute positively to the financial well-being of its members.
Official website here: www.unitedcreditunion.com
Is United Credit Union legitimate?
United Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. United 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: $546,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,095,308
For more financial information, click here
Official website here: www.unitedcreditunion.com
What is the mission statement of United Credit Union?
United Credit Union's mission is centered around promoting savings and offering credit at reasonable rates, primarily for the benefit of its members. The union's activities are geared towards encouraging financial well-being and providing essential financial services, such as loans and deposit products. By doing so, they aim to contribute positively to their members' financial lives. The credit union offers these services to over 19,000 individuals, demonstrating its commitment to its member base.
Official website here: www.unitedcreditunion.com
Who is the CEO of United Credit Union?
John Lenz is the President/Ceo of United Credit Union. The CEO's salary of United Credit Union is $293,738 and their total compensation is $293,738.
Official website here: www.unitedcreditunion.com
What is the revenue of United Credit Union?
United Credit Union's revenue in 2022 was $9,439,159.
Official website here: www.unitedcreditunion.com
Who are the executives of United Credit Union and what are their salaries?
The average compensation at United Credit Union during 2022 was $39,437. There are 67 employees and 9 volunteers at United Credit Union.
Here are 11 key members and their salaries (United Credit Union's CEO's salary is $293,738 and their total compensation is $293,738):
- Compensation: $293,738
- Related: $0
- Other: $0
- Compensation: $130,723
- Related: $0
- Other: $0
- Compensation: $122,496
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.unitedcreditunion.com
Where can I find the form 990 for United Credit Union?
United Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedcreditunion.com
Learn more at the official website: www.unitedcreditunion.com
Mission Statement of United Credit Union
United Credit Union, as a nonprofit organization, is dedicated to promoting savings and offering credit at reasonable interest rates for the advantage of its members. Its primary mission is to benefit its members by providing them with financial services, specifically loans and deposit products. By doing so, the credit union aims to foster a sense of financial security and stability among its members.
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Impact
October, 2024
United Credit Union plays a vital role in the financial well-being of its members, impacting over 19,000 individuals in Chicago, IL. By offering a range of financial services, including loans and deposit products, the credit union fosters a culture of savings and provides access to credit at reasonable interest rates. This focus on affordability helps empower members to achieve their financial goals, whether that’s purchasing a home, financing education, or managing day-to-day expenses. Through its mission, United Credit Union directly contributes to the economic health of the community, promoting financial literacy and stability among its members.
This information is meant to be a general summary of United 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: $2,180,376
- Program Service Revenue: $7,258,783
- Gross Receipts: $9,439,159
Assets and Liabilities:
- Total Assets: $295,434,711
- Total Liabilities: $287,591,972
- Net Assets: $7,842,739
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans and Service Fees
Revenue
$7,258,783
Organization Details
Founding Year
1931
Phone
(773) 376-6000Principal Officer
John Lenz
Main Address
4444 S Pulaski Rd, Chicago, IL, 60632
Website
www.unitedcreditunion.comNTEE Category
Code: W61 - Public benefit
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