Overview
What is Glenview Credit Union?
Glenview Credit Union is a financial cooperative situated in Glenview, Illinois, specifically at 1631 WAUKEGAN RD. This nonprofit organization is owned and managed by its members, who are also its depositors. The members elect a volunteer board of directors to oversee its operations. The credit union's primary mission is to provide loans to its members and accept deposits, offering them affordable financial services. With a dedicated team of five employees, Glenview Credit Union operates with the goal of benefiting its members financially.
Official website here: www.glenviewcu.org
Is Glenview Credit Union legitimate?
Glenview Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Glenview 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: $100,287
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,056
For more financial information, click here
Official website here: www.glenviewcu.org
What is the mission statement of Glenview Credit Union?
Glenview Credit Union operates as a financial cooperative, owned and managed by its members. The unique structure of the credit union allows its members to have a say in its operation, with a volunteer board of directors elected by the membership. This setup enables Glenview Credit Union to provide loans to its members and offer low-cost financial services, including accepting deposits. The core mission of Glenview Credit Union is to operate for the benefit of its members, fostering a sense of community and financial well-being.
Official website here: www.glenviewcu.org
Who is the CEO of Glenview Credit Union?
Unavailable
Official website here: www.glenviewcu.org
What is the revenue of Glenview Credit Union?
Glenview Credit Union's revenue in 2020 was $355,294.
Official website here: www.glenviewcu.org
Who are the executives of Glenview Credit Union and what are their salaries?
The average compensation at Glenview Credit Union during 2020 was $31,869. There are 5 employees and 8 volunteers at Glenview Credit Union.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $84,692
- Related: $0
- Other: $15,595
- 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.glenviewcu.org
Where can I find the form 990 for Glenview Credit Union?
Glenview Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.glenviewcu.org
Learn more at the official website: www.glenviewcu.org
Mission Statement of Glenview Credit Union
Glenview Credit Union, as a financial cooperative, is uniquely structured with its members serving as both owners and decision-makers. This distinctive setup enables the credit union to be managed by a volunteer board of directors, who are elected by the membership. As a result, Glenview Credit Union provides loans to its members and offers low-cost financial services, aiding in the financial well-being of its community. This mission of financial assistance and affordability to its members sets Glenview Credit Union apart, fostering a sense of mutual support and shared prosperity among its members.
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Impact
October, 2024
Glenview Credit Union plays a crucial role in the financial well-being of its members and the local community. As a financial cooperative, it is owned by its depositors, ensuring that the interests of its members are prioritized. This model fosters a strong community focus, where decisions are made by a volunteer board of directors elected by the members themselves.
The credit union provides essential financial services, including loans and low-cost deposit options, tailored to meet the needs of its members. This access to affordable credit enables individuals and families to achieve their financial goals, whether it's purchasing a home, starting a business, or managing everyday expenses.
By accepting deposits, Glenview Credit Union not only facilitates savings for its members but also channels those funds back into the community through loans, thereby fueling local economic growth. Their commitment to low-cost financial services ensures that banking is accessible and equitable, particularly for those who may face barriers with traditional financial institutions.
Overall, Glenview Credit Union significantly impacts its community by fostering financial literacy, promoting savings, and supporting local economic development, all while cultivating a sense of belonging and cooperation among its members.
This information is meant to be a general summary of Glenview 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 2020.
- Investment Income: $151,230
- Program Service Revenue: $115,262
- Gross Receipts: $355,294
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$115,262
Organization Details
Founding Year
1941
Phone
(847) 724-6306Main Address
1631 WAUKEGAN RD, GLENVIEW, IL, 60025
Website
www.glenviewcu.orgNTEE Category
Code: W60 - Public benefit
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