Fieldstone Credit Union

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

EIN: 362261646 ✦ Bradley, IL ✦ Designated as a 501(c)(14)

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Overview

What is Fieldstone Credit Union?

Fieldstone Credit Union is a nonprofit financial institution based in Bradley, Illinois, specifically at 395 N KINZIE. Its primary mission is to cater to its membership by offering affordable financial services such as savings accounts, checking accounts, time deposits, and loans. The credit union's objective is to adapt to the evolving financial needs of its members, ensuring they receive fair and competitive services. Simultaneously, Fieldstone Credit Union strives to maintain long-term financial stability for the credit union and its members. With a team of 15 dedicated employees, the credit union serves its members effectively.


Official website here: www.fieldstonecu.com

Is Fieldstone Credit Union legitimate?

Fieldstone Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Fieldstone 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: $220,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $526,768

For more financial information, click here


Official website here: www.fieldstonecu.com

What is the mission statement of Fieldstone Credit Union?

Fieldstone Credit Union's mission is centered around meeting the evolving financial needs of its membership. It achieves this by offering fair and competitive financial services. The credit union's primary goal is to ensure long-term financial stability for both itself and its members. Fieldstone Credit Union serves its members by providing a range of low-cost financial services, including savings accounts, checking accounts, time deposits, and loans. The credit union's operations are geared towards addressing the financial needs of its membership in a responsible and sustainable manner.


Official website here: www.fieldstonecu.com

Who is the CEO of Fieldstone Credit Union?

Mark Baron is the President of Fieldstone Credit Union.


Official website here: www.fieldstonecu.com

What is the revenue of Fieldstone Credit Union?

Fieldstone Credit Union's revenue in 2022 was $2,368,480.


Official website here: www.fieldstonecu.com

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

The average compensation at Fieldstone Credit Union during 2022 was $49,843. There are 15 employees at Fieldstone Credit Union.


Here are 9 key members and their salaries:


Mark Baron (President)
  • Compensation: $122,139
  • Related: $0
  • Other: $0
Debbie Eilts (Vp Of Lendin)
  • Compensation: $98,740
  • Related: $0
  • Other: $0
Wayne Delabre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Hendrickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Hines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Lewis (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Ogg (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demetra Proctor (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Rapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fieldstonecu.com

Where can I find the form 990 for Fieldstone Credit Union?

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


Official website here: www.fieldstonecu.com

Learn more at the official website: www.fieldstonecu.com

Mission Statement of Fieldstone Credit Union

Fieldstone Credit Union is committed to adapting to the evolving financial needs of its membership. With a focus on fairness and competitiveness, the credit union aims to provide its members with a range of services while ensuring the long-term financial stability of both the credit union and its members. The mission of Fieldstone Credit Union is to fulfill this responsibility by offering low-cost financial services, including savings accounts, checking accounts, time deposits, and loans. By doing so, Fieldstone Credit Union strives to meet the varying financial needs of its members, ultimately contributing to their financial security.

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Impact




October, 2024

Fieldstone Credit Union plays a vital role in the financial well-being of its members in Bradley, IL, by offering a range of low-cost financial services tailored to meet their evolving needs. By providing savings accounts, checking accounts, time deposits, and loans, it empowers individuals and families to manage their finances more effectively, promoting financial literacy and security.

The credit union's commitment to fair and competitive services fosters a sense of community, ensuring that its members have access to affordable financial solutions. Through its focus on long-term financial stability, Fieldstone Credit Union not only supports individual financial goals but also contributes to the overall economic health of the region. This community-centric approach enhances financial inclusion and helps members build a secure financial future.




This information is meant to be a general summary of Fieldstone 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
$2,368,480 (2022)
Expenses
$2,086,752 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $304,872
  • Program Service Revenue: $1,860,973
  • Gross Receipts: $2,368,480

Assets and Liabilities:

  • Total Assets: $58,104,454
  • Total Liabilities: $51,251,597
  • Net Assets: $6,852,857

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Programs

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

INTEREST AND FEES ON LOANS

Revenue

$1,126,116

FEE INCOME

Revenue

$734,857

Organization Details

Founding Year

1953

Principal Officer

Mark Baron

Main Address

395 N KINZIE, BRADLEY, IL, 609151220

NTEE Category

Code: W60 - Public benefit

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