Overview
What is Aurora Policemen Credit Union?
Aurora Policemen Credit Union is a state-chartered financial institution based in Aurora, Illinois. Established with a mission to serve its members, it offers various loan services, including consumer and real estate loans. As of December 31, 2022, the credit union had 442 outstanding loans totaling $3,800,481. Operating under the principle of mutual benefit, it provides dividends to its members with share deposits at competitive interest rates. With a workforce of five individuals, the credit union is committed to catering to the financial needs of its members in Aurora, Illinois.
Official website here: www.apcu4u.com
Is Aurora Policemen Credit Union legitimate?
Aurora Policemen Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Aurora Policemen 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: $88,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,295
For more financial information, click here
Official website here: www.apcu4u.com
What is the mission statement of Aurora Policemen Credit Union?
Aurora Policemen Credit Union, as an Illinois-state chartered institution, operates with the primary objective of benefiting its members. It functions as a credit union, providing loans to its members while offering competitive interest rates on share deposits through dividend payments. The credit union's activities extend to making and servicing consumer and real estate loans, with a total of 442 loans worth $3,800,481 outstanding as of December 31, 2022. In essence, Aurora Policemen Credit Union is dedicated to servicing its members' financial needs while working towards mutual growth and benefit.
Official website here: www.apcu4u.com
Who is the CEO of Aurora Policemen Credit Union?
Rochelle Chesnutt is the Chairman of Aurora Policemen Credit Union. The CEO's salary of Aurora Policemen Credit Union is $74,375 and their total compensation is $88,323.
Official website here: www.apcu4u.com
What is the revenue of Aurora Policemen Credit Union?
Aurora Policemen Credit Union's revenue in 2022 was $567,337.
Official website here: www.apcu4u.com
Who are the executives of Aurora Policemen Credit Union and what are their salaries?
The average compensation at Aurora Policemen Credit Union during 2022 was $34,324. There are 5 employees and 9 volunteers at Aurora Policemen Credit Union.
Here are 10 key members and their salaries (Aurora Policemen Credit Union's CEO's salary is $74,375 and their total compensation is $88,323):
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- Compensation: $74,375
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- Other: $13,948
Official website here: www.apcu4u.com
Where can I find the form 990 for Aurora Policemen Credit Union?
Aurora Policemen Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apcu4u.com
Learn more at the official website: www.apcu4u.com
Mission Statement of Aurora Policemen Credit Union
Aurora Policemen Credit Union, as an Illinois state-chartered institution, is dedicated to serving its members with financial services. This credit union operates on a mutual benefit basis, where it extends loans to its members and pays dividends to those with share deposits at competitive interest rates. In essence, Aurora Policemen Credit Union leverages its resources to support its members financially, providing them with consumer and real estate loans. As of December 31, 2022, the credit union had extended 442 loans totaling $3,800,481.
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Impact
October, 2024
Aurora Policemen Credit Union significantly impacts its community by providing essential financial services tailored to its members, primarily comprised of local law enforcement personnel. By offering consumer and real estate loans, the credit union supports its members in achieving their financial goals, enabling them to invest in homes, manage expenses, and improve their overall financial health. As of December 31, 2022, Aurora Policemen Credit Union had 442 outstanding loans totaling $3,800,481, reflecting its active role in financing opportunities for its members.
Additionally, the credit union's commitment to paying dividends on share deposits at competitive interest rates fosters a sense of mutual benefit and financial empowerment among its members. This approach not only addresses immediate financial needs but also encourages savings and long-term financial stability within the community. In essence, Aurora Policemen Credit Union plays a vital role in enhancing the economic well-being and financial literacy of its members, contributing positively to the broader community in Aurora, Illinois.
This information is meant to be a general summary of Aurora Policemen 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: $303,732
- Program Service Revenue: $263,605
- Gross Receipts: $567,337
Assets and Liabilities:
- Total Assets: $26,129,575
- Total Liabilities: $23,094,342
- Net Assets: $3,035,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on loans
Revenue
$181,209
Fees & charges
Revenue
$82,396
Organization Details
Founding Year
1941
Phone
(630) 499-5690Principal Officer
Rochelle Chesnutt
Main Address
1200 E Indian Trail, Aurora, IL, 60505
Website
www.apcu4u.comNTEE Category
Code: W60 - Public benefit
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