Overview
What is Joliet Firefighters Credt Unio?
Joliet Firefighters Credit Union is a nonprofit financial institution situated at 226 Meadow Wood Drive, Joliet, Illinois, 60431. Its primary objective is to promote savings among its members and serve as a source of credit at reasonable interest rates. By doing so, it aims to provide an opportunity for its members to effectively manage and improve their financial situations. The credit union earns dividends by investing its members' savings in loans and returns a portion of these earnings to its members.
Is Joliet Firefighters Credt Unio legitimate?
Joliet Firefighters Credt Unio is a legitimate nonprofit organization registered as a 501(c)(14) entity. Joliet Firefighters Credt Unio 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: $73,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Joliet Firefighters Credt Unio?
The Joliet Firefighters Credit Union's mission is to motivate its members to save money, establish a reliable source of credit with reasonable interest rates, and offer an opportunity for members to enhance their financial status. By doing so, the credit union empowers its members to manage their finances effectively and take control of their economic condition. The credit union also rewards its members by distributing dividends from its earnings generated through loans.
Who is the CEO of Joliet Firefighters Credt Unio?
Robert Surinak is the Secretary of Joliet Firefighters Credt Unio.
What is the revenue of Joliet Firefighters Credt Unio?
Joliet Firefighters Credt Unio's revenue in 2022 was $220,312.
Who are the executives of Joliet Firefighters Credt Unio and what are their salaries?
There 10 volunteers at Joliet Firefighters Credt Unio.
Here are 10 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $73,032
- Related: $0
- Other: $15,000
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Joliet Firefighters Credt Unio?
Joliet Firefighters Credt Unio's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Joliet Firefighters Credt Unio
Joliet Firefighters Credit Union, as a nonprofit organization, is committed to fostering savings among its members. Its primary mission is to serve as a reliable source of credit, offering reasonable interest rates. This credit union believes in empowering its members by providing them with the opportunity to manage their money effectively, thereby improving their economic condition. The credit union's operations are designed to help its members make the most of their earnings, returning a portion of these earnings to the members in the form of dividends. In essence, Joliet Firefighters Credit Union seeks to promote financial stability and growth among its members.
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Impact
October, 2024
Joliet Firefighters Credit Union plays a significant role in enhancing the financial well-being of its members in Joliet, IL. By encouraging savings and providing a source of credit at reasonable interest rates, the credit union empowers its members to manage their finances more effectively. The ability to earn dividends on loans not only rewards members for their savings but also strengthens their financial position.
This institution fosters economic growth by offering opportunities for members to improve their financial conditions. Members can utilize their savings and access affordable credit, which supports better financial planning and stability. Through these services, Joliet Firefighters Credit Union positively impacts the community, enabling individuals to gain control over their economic futures and build a more secure financial landscape.
This information is meant to be a general summary of Joliet Firefighters Credt Unio. 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: $52,932
- Program Service Revenue: $167,380
- Gross Receipts: $220,312
Assets and Liabilities:
- Total Assets: $8,737,760
- Total Liabilities: $7,996,682
- Net Assets: $741,078
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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
$166,530
Fees
Revenue
$850
Organization Details
Principal Officer
Robert Surinak
Main Address
226 Meadow Wood Dr, Joliet, IL, 60431
NTEE Category
Code: W60 - Public benefit
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