Streator Community Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362259536 ✦ Streator, IL ✦ Designated as a 501(c)(14)

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Overview

What is Streator Community Credit Union?

Streator Community Credit Union is a local financial institution situated at 302 N PARK STREET, STREATOR, IL 61364. With a dedicated team of 15 employees, the credit union's mission is to support the financial well-being of its members. It achieves this by offering a variety of services, such as loans, savings accounts, and other financial institution services. This year, the credit union has provided 8 new first mortgage loans to its members, adding to a total of 88 first mortgage loans offered. Unlike some nonprofits, Streator Community Credit Union does not provide second mortgage loans. The credit union operates in a friendly and professional manner, prioritizing member satisfaction.


Official website here: www.streatorccu.org

Is Streator Community Credit Union legitimate?

Streator Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Streator Community 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: $144,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,608

For more financial information, click here


Official website here: www.streatorccu.org

What is the mission statement of Streator Community Credit Union?

The Streator Community Credit Union operates with a mission to aid its members in managing their financial well-being. This is accomplished by offering various financial services such as loans, savings accounts, and other institutional financial solutions. The credit union provides these services in a friendly and professional manner, ensuring member satisfaction. This year, the credit union has provided eight new first mortgage loans to its members, totaling 88 first mortgage loans. It does not offer any second mortgage loans.


Official website here: www.streatorccu.org

Who is the CEO of Streator Community Credit Union?

Elizabeth Rhynes is the President of Streator Community Credit Union.


Official website here: www.streatorccu.org

What is the revenue of Streator Community Credit Union?

Streator Community Credit Union's revenue in 2022 was $1,248,736.


Official website here: www.streatorccu.org

Who are the executives of Streator Community Credit Union and what are their salaries?

The average compensation at Streator Community Credit Union during 2022 was $27,970. There are 15 employees and 9 volunteers at Streator Community Credit Union.


Here are 11 key members and their salaries:


Elizabeth Rhynes (President)
  • Compensation: $66,146
  • Related: $0
  • Other: $15,318
Paula Ligori (Vice Preside)
  • Compensation: $53,119
  • Related: $0
  • Other: $10,354
Mike Blakemore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Cashmer (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Cooley (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Goerne (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Harcharik (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Hunter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Pohlod (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianna Schuler (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Tkach (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.streatorccu.org

Where can I find the form 990 for Streator Community Credit Union?

Streator Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.streatorccu.org

Learn more at the official website: www.streatorccu.org

Mission Statement of Streator Community Credit Union

Streator Community Credit Union is committed to aiding its members in managing their financial well-being. Operating with a multi-purpose mission, the credit union provides various financial institution services, including loans and savings accounts, in a friendly and professional manner. By doing so, it aims to assist its members in overseeing their financial health effectively. The credit union's primary goal is to offer its members the necessary tools to manage their finances efficiently, ensuring they can navigate their financial landscape with confidence.

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Impact




October, 2024

Streator Community Credit Union significantly impacts its members' financial well-being by providing accessible services tailored to their needs. This year, the credit union facilitated 8 new first mortgage loans, contributing to a total of 88 first mortgages held by its members. By offering loans, savings accounts, and other essential financial services, Streator Community Credit Union fosters a supportive environment that empowers individuals and families to achieve their financial goals. The credit union's commitment to friendly and professional service enhances the overall banking experience, promoting financial stability and growth within the Streator community.




This information is meant to be a general summary of Streator Community 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.

Revenue
$1,248,736 (2022)
Expenses
$1,194,376 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $304,471
  • Program Service Revenue: $900,803
  • Gross Receipts: $1,248,736

Assets and Liabilities:

  • Total Assets: $37,866,100
  • Total Liabilities: $34,379,612
  • Net Assets: $3,486,488

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOANS

Revenue

$498,962

FEES AND CHARGES

Revenue

$235,621

INTERCHANGE INCOME

Revenue

$156,227

INSURANCE RELATED INCOME

Revenue

$9,993

Organization Details

Founding Year

1950

Principal Officer

Elizabeth Rhynes

Main Address

302 N PARK STREET, STREATOR, IL, 61364

NTEE Category

Code: W61 - Public benefit

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