Overview
What is Ethicon Suture Credit Union?
Ethicon Suture Credit Union is a nonprofit organization, operating for mutual purposes, that primarily offers consumer loans to its 326 members. The exact location or further details about the organization's activities beyond providing loans are not provided in the information, but it's safe to assume that they serve their members with financial services in a cooperative manner.
Is Ethicon Suture Credit Union legitimate?
Ethicon Suture Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ethicon Suture 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: $635
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ethicon Suture Credit Union?
Ethicon Suture Credit Union operates with a mutual purpose, serving the financial needs of its members. Its primary mission is to provide consumer loans to its 326 members, aiming to assist them in managing their finances effectively. The credit union's activities are centered around this mission, offering financial solutions to its member base. While the specifics of its operations and strategies are not provided, it is clear that Ethicon Suture Credit Union is committed to serving its members through consumer lending.
Who is the CEO of Ethicon Suture Credit Union?
C Walley is the Treas/Pres of Ethicon Suture Credit Union.
What is the revenue of Ethicon Suture Credit Union?
Ethicon Suture Credit Union's revenue in 2022 was $58,601.
Who are the executives of Ethicon Suture Credit Union and what are their salaries?
There 12 volunteers at Ethicon Suture Credit Union.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,475
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $635
- 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: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ethicon Suture Credit Union?
Ethicon Suture Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ethicon Suture Credit Union
Ethicon Suture Credit Union, as stated in its mission, operates for mutual purposes. This means that the credit union serves its members with consumer loans, working towards a shared goal. It is important to note that the specific activities and services provided by the credit union are geared towards benefiting its members. In this case, Ethicon Suture Credit Union offered loans to a total of 326 individuals. However, the nature and scope of these loans, as well as any other services offered by the credit union, are not specified in the provided information.
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Impact
October, 2024
Ethicon Suture Credit Union has a significant impact on its community by providing financial services tailored to meet the needs of its members. With 326 members, it focuses on facilitating access to consumer loans, helping individuals manage their financial needs more effectively. Operating in River Forest, IL, its mission emphasizes mutual support and benefit, fostering a sense of community and collaboration among its members. Through its activities, Ethicon Suture Credit Union not only empowers individuals with necessary funding options but also contributes to the overall economic well-being of the region.
This information is meant to be a general summary of Ethicon Suture 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: $3,367
- Program Service Revenue: $55,234
- Gross Receipts: $58,601
Assets and Liabilities:
- Total Assets: $1,524,203
- Total Liabilities: $1,404,173
- Net Assets: $120,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN-VISA INTEREST
Revenue
$48,588
FEES
Revenue
$6,646
Organization Details
Founding Year
1952
Phone
(708) 728-0225Principal Officer
C Walley
Main Address
POBOX 5275, RIVER FOREST, IL, 603055275
NTEE Category
Code: W60 - Public benefit
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