Leyden Credit Union

Co Partnership Financial Credit Union

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

EIN: 362443815 ✦ Morton grove, IL ✦ Designated as a 501(c)(14)

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Overview

What is Leyden Credit Union?

Leyden Credit Union is a nonprofit organization that prioritizes enhancing the financial well-being of its members. They offer a variety of financial services, including loans, savings accounts, and other institutional facilities, all delivered in a welcoming and proficient manner. The organization's mission is centered around improving members' financial health. Despite the information not specifying any additional programs, resources, or reach beyond its member base, it is clear that Leyden Credit Union is committed to supporting its members financially.

Is Leyden Credit Union legitimate?

Leyden Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Leyden 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: $53,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,547

For more financial information, click here

What is the mission statement of Leyden Credit Union?

Leyden Credit Union is committed to enhancing the financial well-being of its members. They achieve this by offering a range of financial services, including loans, savings accounts, and other financial institution services, in a friendly and professional manner. This nonprofit organization aims to contribute positively to its members' financial lives, providing them with the tools and resources necessary for financial stability and growth. While this specific credit union is no longer active or operating, its mission to improve members' financial well-being remains a valuable principle for other financial institutions to uphold.

Who is the CEO of Leyden Credit Union?

Mary Ann E Pusateri is the President/Ceo of Leyden Credit Union. The CEO's salary of Leyden Credit Union is $53,365 and their total compensation is $63,431.

What is the revenue of Leyden Credit Union?

Leyden Credit Union's revenue in 2021 was $931,318.

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

The average compensation at Leyden Credit Union during 2021 was $15,087. There are 22 employees and 10 volunteers at Leyden Credit Union.


Here are 11 key members and their salaries (Leyden Credit Union's CEO's salary is $53,365 and their total compensation is $63,431):


David Lukas (President/Ceo)
  • Compensation: $53,365
  • Related: $0
  • Other: $10,066
Robert Hjelmgren (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Murawaska (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Duffey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Marie Scurto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Olson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Ignoffo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Thomas Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Mc Cormack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Konetzki (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlene Ricchio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Leyden Credit Union?

Leyden Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Leyden Credit Union

Leyden Credit Union, in its mission, strives to enhance the financial well-being of its members. They achieve this by offering a variety of financial services, including loans and savings accounts, in a friendly and professional manner. The nonprofit organization's primary goal is to improve the financial stability of its members, ensuring they have access to essential financial tools. By providing these services in a welcoming and professional manner, Leyden Credit Union aims to make the often daunting process of managing finances less intimidating and more manageable for its members.

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Impact




October, 2024

Leyden Credit Union has significantly impacted the financial well-being of its community members by offering essential services such as loans and savings accounts. By prioritizing a friendly and professional approach, the institution fostered a supportive environment that encouraged financial literacy and personal growth. This commitment to enhancing financial stability helped individuals and families achieve their goals, improve their creditworthiness, and build savings for future needs. Through its mission, Leyden Credit Union contributed to the broader public benefit, empowering members to take control of their finances and pursue opportunities for prosperity.




This information is meant to be a general summary of Leyden 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
$931,318 (2021)
Expenses
$861,165 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $257,683
  • Program Service Revenue: $539,064
  • Gross Receipts: $931,318

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.

INTEREST INCOME LOANS

Revenue

$380,312

INTERCHANGE INCOME

Revenue

$134,017

SERVICE FEES

Revenue

$24,735

Organization Details

Founding Year

1955

Principal Officer

Mary Ann E Pusateri

Main Address

5940 LINCOLN AVENUE, MORTON GROVE, IL, 60053

NTEE Category

Code: W60 - Public benefit

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