Heights Auto Workers Credit Union

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

EIN: 362419943 ✦ Burnham, IL ✦ Designated as a 501(c)(14)

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Overview

What is Heights Auto Workers Credit Union?

Heights Auto Workers Credit Union is a financial institution situated at 13912 Torrence Ave, Burnham, Illinois. Established with a mission to serve its members, the credit union offers competitive and convenient financial services. Their primary activity involves issuing and managing consumer loans, with a total of 132,019 outstanding loans worth $8,878,845 as of December 31, 2022. The Credit Union aims to foster long-term relationships with its members, providing them with the necessary resources to manage their finances in a comfortable, family-like environment. As of now, the Credit Union is operated by a team of 11 dedicated employees.


Official website here: www.hawcu.com

Is Heights Auto Workers Credit Union legitimate?

Heights Auto Workers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Heights Auto Workers 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: $100,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,022

For more financial information, click here


Official website here: www.hawcu.com

What is the mission statement of Heights Auto Workers Credit Union?

Heights Auto Workers Credit Union's mission is centered around providing its members with competitive and convenient financial services. The credit union aims to empower its members by enabling them to manage their financial well-being effectively. In doing so, the Credit Union strives to establish lasting relationships with its members by offering them a comfortable and family-like environment. The primary objective is to meet the financial service needs of its members in a manner that fosters their financial security and stability.


Official website here: www.hawcu.com

Who is the CEO of Heights Auto Workers Credit Union?

Vicki Kaiser is the Chairman of Heights Auto Workers Credit Union.


Official website here: www.hawcu.com

What is the revenue of Heights Auto Workers Credit Union?

Heights Auto Workers Credit Union's revenue in 2022 was $2,012,858.


Official website here: www.hawcu.com

Who are the executives of Heights Auto Workers Credit Union and what are their salaries?

The average compensation at Heights Auto Workers Credit Union during 2022 was $24,570. There are 11 employees and 6 volunteers at Heights Auto Workers Credit Union.


Here are 8 key members and their salaries:


Terrie L Dust (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jc Hefner (Treaurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merrill Clark (Secretary)
  • Compensation: $32,500
  • Related: $0
  • Other: $2,600
Michael Scalzitti (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Marzillo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Montella (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Bibbs (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Kaiser (Manager)
  • Compensation: $60,320
  • Related: $0
  • Other: $4,826


Official website here: www.hawcu.com

Where can I find the form 990 for Heights Auto Workers Credit Union?

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


Official website here: www.hawcu.com

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

Mission Statement of Heights Auto Workers Credit Union

Heights Auto Workers Credit Union is committed to providing its members with financially competitive and convenient services. Its mission extends beyond this, aiming to empower members by offering them the tools to manage their financial wellbeing in a welcoming and family-oriented environment. The Credit Union strives to foster lasting relationships with its members, aiming to fulfill their financial needs in a comfortable setting.

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Impact




October, 2024

Heights Auto Workers Credit Union significantly impacts its community by providing competitive and convenient financial services tailored to the needs of its members. With a focus on consumer loans, the credit union has a remarkable portfolio, boasting 132,019 outstanding loans totaling $8,878,845 as of December 31, 2022. This not only illustrates the credit union's commitment to its members but also reflects its ability to empower individuals to take control of their financial destinies.

By fostering a comfortable and family-like environment, Heights Auto Workers Credit Union builds long-term relationships with its members, creating a sense of trust and security. This personal approach encourages members to actively engage with their finances, helping them meet their financial needs effectively. Overall, the credit union serves as a vital resource in Burnham, IL, enhancing the financial well-being of its community and contributing to public benefit.




This information is meant to be a general summary of Heights Auto Workers 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
$2,012,858 (2022)
Expenses
$1,735,893 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $231,317
  • Program Service Revenue: $1,781,541
  • Gross Receipts: $2,012,858

Assets and Liabilities:

  • Total Assets: $30,896,395
  • Total Liabilities: $24,849,222
  • Net Assets: $6,047,173

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Programs

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

Fees and services

Revenue

$1,300,199

Loans to members

Revenue

$481,342

Organization Details

Founding Year

1956

Principal Officer

Vicki Kaiser

Main Address

13912 Torrence Ave, Burnham, IL, 60633

NTEE Category

Code: W60 - Public benefit

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