Overview
What is Riverside Community Credit Union?
Riverside Community Credit Union, located at 185 N Fraser Avenue, Kankakee, Illinois 60901, is a state-chartered credit union dedicated to offering top-notch financial services. As a community-driven institution, it adheres to the "people helping people" philosophy, ensuring its services are accessible to its members. At the end of 2022, it managed a total of 1,529 loans, including Visa accounts, amounting to $15,597,421. With a team of nine dedicated employees, the credit union continues to be a significant financial resource for its community.
Official website here: www.riversidecu.com
Is Riverside Community Credit Union legitimate?
Riverside Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Riverside Community 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: $155,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,494
For more financial information, click here
Official website here: www.riversidecu.com
What is the mission statement of Riverside Community Credit Union?
Riverside Community Credit Union, as a state-chartered institution, is dedicated to providing high-quality financial services. Adhering to the "people helping people" philosophy, the credit union is committed to delivering these services with utmost dedication. The primary mission of Riverside Credit Union is to offer consumer loans to its members, with a total of 1,529 such loans outstanding as of December 31, 2022, amounting to $15,597,421. This summary highlights the credit union's dedication to serving its members financially while upholding its core values.
Official website here: www.riversidecu.com
Who is the CEO of Riverside Community Credit Union?
Melissa Bayston is the Chairman of Riverside Community Credit Union. The CEO's salary of Riverside Community Credit Union is $69,958 and their total compensation is $76,931.
Official website here: www.riversidecu.com
What is the revenue of Riverside Community Credit Union?
Riverside Community Credit Union's revenue in 2022 was $1,767,244.
Official website here: www.riversidecu.com
Who are the executives of Riverside Community Credit Union and what are their salaries?
The average compensation at Riverside Community Credit Union during 2022 was $44,556. There are 9 employees and 7 volunteers at Riverside Community Credit Union.
Here are 8 key members and their salaries (Riverside Community Credit Union's CEO's salary is $69,958 and their total compensation is $76,931):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $76,404
- Related: $0
- Other: $2,175
- Compensation: $69,958
- Related: $0
- Other: $6,973
Official website here: www.riversidecu.com
Where can I find the form 990 for Riverside Community Credit Union?
Riverside Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riversidecu.com
Learn more at the official website: www.riversidecu.com
Mission Statement of Riverside Community Credit Union
Riverside Community Credit Union, as a state-chartered institution, is dedicated to providing high-quality financial services. Embracing the philosophy of "people helping people," the credit union is committed to upholding this principle in its operations. Its mission is to offer a range of consumer loans to its members, aiming to meet their financial needs effectively. As of December 31, 2022, the credit union had extended loans to 1,529 members, totaling approximately $15,597,421. This demonstrates Riverside Community Credit Union's dedication to serving its members and helping them manage their finances responsibly.
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Impact
October, 2024
Riverside Community Credit Union plays a significant role in the financial well-being of its members in Kankakee, Illinois. By offering a range of quality financial services, including consumer loans and Visa accounts, the credit union directly supports its community's economic health. As of December 31, 2022, Riverside had a total of 1,529 outstanding loans, amounting to $15,597,421.
The credit union's "people helping people" philosophy emphasizes its commitment to serving members with integrity and care, ensuring that individuals have access to essential financial resources. This focus on community-driven service not only helps members achieve their financial goals but also fosters a sense of solidarity and mutual support within the community.
This information is meant to be a general summary of Riverside Community 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: $406,990
- Program Service Revenue: $1,360,254
- Gross Receipts: $1,767,244
Assets and Liabilities:
- Total Assets: $42,937,211
- Total Liabilities: $39,232,024
- Net Assets: $3,705,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest-member loans
Revenue
$715,895
Fees & service charges
Revenue
$644,359
Organization Details
Founding Year
1976
Phone
(815) 933-1101Principal Officer
Melissa Bayston
Main Address
185 N Fraser Avenue, Kankakee, IL, 60901
Website
www.riversidecu.comNTEE Category
Code: W60 - Public benefit
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