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Empeople Credit Union

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

EIN: 362472059 ✦ Moline, IL ✦ Designated as a 501(c)(14)

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Overview

What is Empeople Credit Union?

Empeople Credit Union, formerly known as Deere Employees Credit Union, is a member-owned financial institution situated in Moline, Illinois. Established with a mutual purpose, it offers various loan services to its 17,406 members, including first and second mortgages to 3,153 individuals and consumer loans to 14,253 members.


Official website here: www.empeople.com

Is Empeople Credit Union legitimate?

Empeople Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Empeople 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: $4,485,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,775,699

For more financial information, click here


Official website here: www.empeople.com

What is the mission statement of Empeople Credit Union?

Empeople Credit Union is a cooperative financial institution dedicated to serving its members. With a focus on mutual benefit, the credit union offers mortgage and consumer loans to its 17,409 members. The organization's primary goal is to provide essential financial services and promote financial well-being for its community of borrowers. By fostering a sense of unity and collaboration, Empeople Credit Union aims to help its members achieve their financial goals and improve their overall financial situations.


Official website here: www.empeople.com

Who is the CEO of Empeople Credit Union?

Heidi Wulf is the Former Employee of Empeople Credit Union.


Official website here: www.empeople.com

What is the revenue of Empeople Credit Union?

Empeople Credit Union's revenue in 2022 was $98,666,106.


Official website here: www.empeople.com

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

The average compensation at Empeople Credit Union during 2022 was $93,040. There are 293 employees at Empeople Credit Union.


Here are 23 key members and their salaries:


Elizabeth Hayes (Former Employee)
  • Compensation: $1,273,905
  • Related: $0
  • Other: $0
Kurt Lewin (President)
  • Compensation: $740,370
  • Related: $0
  • Other: $0
Benjamin Nickel (Vp, Branch Operations)
  • Compensation: $400,708
  • Related: $0
  • Other: $0
Ron Wilse (Chief Lending Officer)
  • Compensation: $347,955
  • Related: $0
  • Other: $0
Peter Sedgwick (Chief Information Officer)
  • Compensation: $346,886
  • Related: $0
  • Other: $0
Chris Kobliska (Vp, Branch Operations)
  • Compensation: $326,573
  • Related: $0
  • Other: $0
Joseph Witherwax (Chief Information Officer)
  • Compensation: $320,672
  • Related: $0
  • Other: $0
Heidi Wulf (Chief Financial Officer)
  • Compensation: $315,982
  • Related: $0
  • Other: $0
Ryan Cannady (Chief Retail Officer)
  • Compensation: $315,732
  • Related: $0
  • Other: $0
Brad Johannes (Vice President, Wealth Management)
  • Compensation: $310,724
  • Related: $0
  • Other: $0
Renee Vandewoestyne (Chief Administrative Officer)
  • Compensation: $295,817
  • Related: $0
  • Other: $0
Stacy Delong (Chief Marketing & Brand Officer)
  • Compensation: $286,735
  • Related: $0
  • Other: $0
Ashley Kowalski (Account Officer)
  • Compensation: $253,820
  • Related: $0
  • Other: $0
Bob Leger (Former Employee)
  • Compensation: $233,864
  • Related: $0
  • Other: $0
James Stotts (Avp Sales)
  • Compensation: $223,152
  • Related: $0
  • Other: $0
Jena Holtberg-Benge (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Parker (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hany (Secretary Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Bishop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denver Caldwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Novick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Richards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.empeople.com

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

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


Official website here: www.empeople.com

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

Mission Statement of Empeople Credit Union

Empeople Credit Union, a mutual purpose credit union, plays a vital role in serving its members by offering first and second mortgage loans to 3,153 individuals and consumer loans to 14,253 members. This financial institution, dedicated to its members, aims to provide essential loan services to help them achieve their financial goals. With a strong commitment to its community, Empeople Credit Union empowers its members to build a solid financial foundation and secure their future. Through its loan services, the credit union is not just providing financial assistance, but also contributing towards the overall financial well-being of its members. By prioritizing their needs, Empeople Credit Union fosters a sense of trust and confidence in its services. This mutual purpose credit union is a testament to its members' collective financial success.

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Impact




October, 2024

Empeople Credit Union has made a significant impact on the Moline, IL community by providing essential financial services to its members. With a focus on mutual benefit, the credit union has facilitated first and second mortgage loans for 3,153 members, enabling them to achieve home ownership and invest in their futures. Additionally, it has extended consumer loans to 14,253 members, offering them the financial support needed for various personal and family needs. Through these efforts, Empeople Credit Union plays a vital role in fostering economic stability and growth within the community, enhancing the quality of life for its members and supporting local economic development.




This information is meant to be a general summary of Empeople 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
$98,666,106 (2022)
Expenses
$87,664,688 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,999,575
  • Program Service Revenue: $59,247,663
  • Gross Receipts: $98,666,106

Assets and Liabilities:

  • Total Assets: $1,985,157,506
  • Total Liabilities: $1,829,525,271
  • Net Assets: $155,632,235

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Programs

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

Interest on Membership Loans

Revenue

$59,247,663

Organization Details

Founding Year

1935

Principal Officer

Heidi Wulf

Main Address

PO Box 339, Moline, IL, 61266

NTEE Category

Code: W61 - Public benefit

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