Pontiac-Dwight Prison Employees Cr Un

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

EIN: 366062613 ✦ Pontiac, IL ✦ Designated as a 501(c)(14)

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Overview

What is Pontiac-Dwight Prison Employees Cr Un?

Pontiac-Dwight Prison Employees Credit Union, abbreviated as P-D Prison Employees Cr Un, is a nonprofit financial institution based on providing loans, savings accounts, and various financial services to its members-owners. This credit union operates with a focus on offering these services in a friendly and professional manner, aiming to assist its members in managing their financial well-being. Despite having two repetitive descriptions of their mission, the organization's board has yet to adopt a formalized mission statement.

Is Pontiac-Dwight Prison Employees Cr Un legitimate?

Pontiac-Dwight Prison Employees Cr Un is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pontiac-Dwight Prison Employees Cr Un 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: $42,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,318

For more financial information, click here

What is the mission statement of Pontiac-Dwight Prison Employees Cr Un?

The Pontiac-Dwight Prison Employees Credit Union, in its mission, focuses on aiding its members in managing their financial well-being. This is accomplished through the provision of various financial services such as loans and savings accounts, all delivered in a friendly and professional manner. Notably, the organization's board has not formally adopted a mission statement. However, the credit union's actions and services reflect its commitment to supporting the financial needs of its member-owners.

What is the revenue of Pontiac-Dwight Prison Employees Cr Un?

Pontiac-Dwight Prison Employees Cr Un's revenue in 2024 was $287,489.

Who are the executives of Pontiac-Dwight Prison Employees Cr Un and what are their salaries?

The average compensation at Pontiac-Dwight Prison Employees Cr Un during 2024 was $9,940. There are 7 employees and 10 volunteers at Pontiac-Dwight Prison Employees Cr Un.

Here are 10 key members and their salaries:


Lynda Johnson (President/Treas/Exec Comm/Credit Committee)
  • Compensation: $42,258
  • Related: $0
  • Other: $0
Joan Bull (Membership Committee Chair)
  • Compensation: $5,885
  • Related: $0
  • Other: $0
Celine Dowling (Vice Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Vilt (Boardchairman/Secuirty Officer/Exec Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Farrar (Exec Committee/Credit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lambert (Supervisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Duffy (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mills (Credit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Ray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Boitnott (Supervisory Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pontiac-Dwight Prison Employees Cr Un?

Pontiac-Dwight Prison Employees Cr Un's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Pontiac-Dwight Prison Employees Cr Un

Pontiac-Dwight Prison Employees Credit Union, in its mission, is dedicated to aiding its members in managing their financial health. The credit union achieves this by offering a range of financial services, including loans and savings accounts, in a welcoming and proficient manner. However, it's worth noting that the credit union's board has not formally adopted a mission statement. Despite this, the credit union's actions and services align with the stated mission, which is to assist its members in managing their financial well-being effectively. By providing these services in a friendly and professional manner, the credit union aims to empower its members to take control of their financial situations, thereby contributing to their overall financial stability and peace of mind.

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Impact




October, 2024

The Pontiac-Dwight Prison Employees Credit Union plays a vital role in promoting the financial well-being of its members by offering essential services such as loans and savings accounts. By emphasizing a friendly and professional approach, it fosters a supportive environment where members can manage their finances effectively.

This credit union serves as a financial resource tailored specifically for employees of the Pontiac and Dwight prisons, ensuring they have access to beneficial financial tools and services that might not be readily available through traditional banking institutions. By assisting members with their financial needs, it helps enhance their overall quality of life, enabling them to make informed financial decisions and secure their future.

The organization's impact extends beyond individual financial management; it also contributes to the community's economic stability. By supporting its members, it facilitates a sense of financial security that can lead to increased community engagement and well-being. Ultimately, the Pontiac-Dwight Prison Employees Credit Union serves as a critical financial ally for its members, paving the way for increased financial literacy and empowerment within the workforce it serves.




This information is meant to be a general summary of Pontiac-Dwight Prison Employees Cr Un. 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
$287,489 (2024)
Expenses
$273,217 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $176,562
  • Program Service Revenue: $110,927
  • Gross Receipts: $287,489

Assets and Liabilities:

  • Total Assets: $8,167,712
  • Total Liabilities: $7,356,075
  • Net Assets: $811,637

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Programs

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

Interest on Loans

Revenue

$110,881

Other Income

Revenue

$46

Organization Details

Founding Year

1962

Principal Officer

Lynda Johnson

NTEE Category

Code: W60 - Public benefit

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