Overview
What is Mwrd Employees Credit Union?
Mwrd Employees Credit Union is a nonprofit organization based in Chicago, Illinois, specifically at 100 East Erie Street. Its primary mission is to serve as its members' principal financial institution, offering competitive financial services in a secure environment. The credit union's objective is to promote savings in a secure manner at a competitive rate. With a team of six dedicated employees, Mwrd Employees Credit Union aims to provide its members with access to fair and competitive loans.
Official website here: www.mwrdecu.com
Is Mwrd Employees Credit Union legitimate?
Mwrd Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mwrd Employees 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: $141,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,295
For more financial information, click here
Official website here: www.mwrdecu.com
What is the mission statement of Mwrd Employees Credit Union?
Mwrd Employees Credit Union's mission is centered around serving its members effectively. Its primary goal is to establish itself as their preferred financial institution, offering competitive financial services in a secure environment. The credit union is committed to promoting savings, encouraging members to save their funds in a safe and secure manner at competitive interest rates. Furthermore, it provides loans to its members at fair and competitive rates, demonstrating its dedication to supporting its membership base financially.
Official website here: www.mwrdecu.com
Who is the CEO of Mwrd Employees Credit Union?
Linda Geers is the President of Mwrd Employees Credit Union.
Official website here: www.mwrdecu.com
What is the revenue of Mwrd Employees Credit Union?
Mwrd Employees Credit Union's revenue in 2022 was $1,328,597.
Official website here: www.mwrdecu.com
Who are the executives of Mwrd Employees Credit Union and what are their salaries?
The average compensation at Mwrd Employees Credit Union during 2022 was $73,989. There are 6 employees at Mwrd Employees Credit Union.
Here are 8 key members and their salaries:
- Compensation: $141,640
- Related: $0
- Other: $25,495
- 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.mwrdecu.com
Where can I find the form 990 for Mwrd Employees Credit Union?
Mwrd Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mwrdecu.com
Learn more at the official website: www.mwrdecu.com
Mission Statement of Mwrd Employees Credit Union
Mwrd Employees Credit Union's mission is centered around being the preferred financial institution for its members. In this role, the credit union aims to provide competitive financial services in a secure environment. At the core of its mission, Mwrd Employees Credit Union seeks to encourage its members to save their funds in a safe and reliable manner. This is achieved by offering savings accounts at competitive interest rates.
Furthermore, Mwrd Employees Credit Union extends its financial services by granting loans to its members at fair and competitive rates. This initiative allows its members to access necessary funds for various purposes, such as purchasing a home, funding education, or starting a business. By offering both savings and loan services, Mwrd Employees Credit Union aspires to be a reliable and supportive partner for its members in managing their financial wellbeing.
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Impact
October, 2024
Mwrd Employees Credit Union plays a significant role in the financial well-being of its members, serving as their primary financial institution of choice. By offering competitive financial services in a secure environment, the credit union empowers individuals and families to achieve their financial goals.
One of its key impacts is the provision of loans to members at fair and competitive rates, making it easier for them to access capital for important life needs—be it home purchases, education, or other personal expenses. This commitment to competitive lending practices helps to foster economic stability and growth among its members.
Additionally, Mwrd Employees Credit Union encourages savings by providing an environment that prioritizes safety and competitive interest rates. This focus not only assists members in building their financial futures but also contributes to the overall economic health of the community in Chicago, IL.
Through these services and initiatives, Mwrd Employees Credit Union significantly enhances the financial literacy and stability of its members, making a lasting impact in the lives of those it serves.
This information is meant to be a general summary of Mwrd Employees 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: $291,691
- Program Service Revenue: $905,028
- Gross Receipts: $1,328,597
Assets and Liabilities:
- Total Assets: $41,446,674
- Total Liabilities: $36,281,992
- Net Assets: $5,164,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loans
Revenue
$905,028
Organization Details
Founding Year
1953
Phone
(312) 751-3114Principal Officer
Linda Geers
Main Address
100 East Erie Street, Chicago, IL, 60611
Website
www.mwrdecu.comNTEE Category
Code: W60 - Public benefit
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