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Aurora Firefighters Credit Union

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

EIN: 362491990 ✦ Aurora, IL ✦ Designated as a 501(c)(14)

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Overview

What is Aurora Firefighters Credit Union?

Aurora Firefighters Credit Union is a nonprofit organization situated at 88 N La Salle St, Aurora, Illinois. The credit union, with a team of three dedicated individuals, operates on a non-profit basis for the mutual benefit of its members. As per the provided information, they extended 25 closed-end loans to their members for various purposes, totaling $396,205. Additionally, they manage a VISA credit card program with 92 accounts, carrying an outstanding year-end balance of $164,544. The credit union's mission remains focused on serving its members, operating without profit as its guiding principle.

Is Aurora Firefighters Credit Union legitimate?

Aurora Firefighters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Aurora Firefighters 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: $24,145
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,310

For more financial information, click here

What is the mission statement of Aurora Firefighters Credit Union?

The Aurora Firefighters Credit Union operates with a mission to serve its members without profit, prioritizing mutual benefits. Its primary activity involves extending closed-end loans for various provident purposes, totaling $396,205. Additionally, the credit union manages a Visa credit card program, which has 92 active accounts with an annual outstanding balance of $164,544.

Who is the CEO of Aurora Firefighters Credit Union?

Cletus A Rettenmeier is the Principal Officer of Aurora Firefighters Credit Union.

What is the revenue of Aurora Firefighters Credit Union?

Aurora Firefighters Credit Union's revenue in 2022 was $84,821.

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

The average compensation at Aurora Firefighters Credit Union during 2022 was $9,818. There are 3 employees and 20 volunteers at Aurora Firefighters Credit Union.


Here are 13 key members and their salaries:


Phillip Bergeron (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Garner (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dunn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cletus Rettenmeier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Malatia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Pauley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Koeberl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bonior (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rygh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dacanay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denine Chambers (Chief Operations Officer)
  • Compensation: $11,140
  • Related: $0
  • Other: $0
Conni Fancsali (Head Teller)
  • Compensation: $13,005
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aurora Firefighters Credit Union?

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

Mission Statement of Aurora Firefighters Credit Union

Aurora Firefighters Credit Union, as a non-profit organization, is committed to serving its members with a mutual purpose. Its mission revolves around providing credit facilities for various provident purposes, operating without the intention of generating profit. According to the data provided, the credit union has extended 25 closed-end loans to its members, totaling $396,205. Furthermore, it manages a Visa credit card program, with 92 active accounts and an outstanding year-end balance of $164,544. This financial institution is dedicated to supporting its members in their financial needs, providing them with necessary credit facilities and financial services.

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Impact




October, 2024

Aurora Firefighters Credit Union plays a significant role in supporting the financial well-being of its members in Aurora, IL. By providing 25 closed-end loans totaling $396,205, the credit union empowers members to meet various personal needs and goals. Additionally, its VISA credit card program, which maintains 92 accounts with an outstanding year-end balance of $164,544, offers members flexible financing options. This commitment to mutual support contributes to the overall financial stability and prosperity of the community, fostering a cooperative spirit among its members.




This information is meant to be a general summary of Aurora Firefighters 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
$84,821 (2022)
Expenses
$77,741 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,849
  • Program Service Revenue: $75,972
  • Gross Receipts: $84,821

Assets and Liabilities:

  • Total Assets: $2,443,288
  • Total Liabilities: $2,158,420
  • Net Assets: $284,868

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Programs

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

Income from Loans

Revenue

$69,693

Misc Opr Fees

Revenue

$2,341

Organization Details

Founding Year

1939

Principal Officer

Cletus A Rettenmeier

Main Address

88 N LA SALLE ST, AURORA, IL, 605053333

NTEE Category

Code: W61 - Public benefit

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