Overview
What is Evanston Firemens Credit Union?
Evanston Firemens Credit Union is a nonprofit organization located in Evanston, Illinois, specifically at 702 Madison Street. Its primary mission is to offer qualifying members affordable loans and savings accounts with annual dividends. The credit union fulfills this objective by providing share (savings) accounts that yield annual dividends (interest) and offering low-cost, convenient loans to eligible members. The credit union's activities are centered around these two main purposes, providing financial benefits to its members.
Is Evanston Firemens Credit Union legitimate?
Evanston Firemens Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Evanston Firemens 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Evanston Firemens Credit Union?
The Evanston Firemens Credit Union's primary mission is to serve its qualifying members by offering them low-cost loans and accounts with annual dividends. The credit union's two main objectives include providing share (savings) accounts with annual dividends (interest) and making accessible, affordable loans to eligible members. The institution issues dividends on savings accounts to its members, demonstrating its commitment to supporting its members financially.
Who is the CEO of Evanston Firemens Credit Union?
Curt Koopman is the Chair/Treasurer of Evanston Firemens Credit Union.
What is the revenue of Evanston Firemens Credit Union?
Evanston Firemens Credit Union's revenue in 2022 was $52,291.
Who are the executives of Evanston Firemens Credit Union and what are their salaries?
There 8 volunteers at Evanston Firemens Credit Union.
Here are 9 key members and their salaries:
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $0
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- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Evanston Firemens Credit Union?
Evanston Firemens Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Evanston Firemens Credit Union
The Evanston Firemens Credit Union is committed to serving its eligible members by providing them with low-cost loans and savings accounts that yield annual dividends. This nonprofit organization's primary mission is twofold: firstly, it offers share (savings) accounts with attractive annual dividends (interest) to its members. Secondly, it ensures that qualifying members have easy access to affordable and convenient loans. By providing these financial services, the Evanston Firemens Credit Union aims to contribute positively to its members' financial well-being.
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Impact
October, 2024
Evanston Firemen's Credit Union significantly impacts its community by providing qualifying members with access to low-cost loans and savings accounts that offer annual dividends. By focusing on the financial well-being of its members, the credit union helps foster financial stability and security within the community. The dividends issued on savings accounts not only encourage members to save but also enhance their overall financial growth. Additionally, the availability of convenient loans allows members to meet their financial needs without the burden of high-interest rates, thus promoting financial empowerment among those it serves. Overall, the credit union plays a vital role in supporting the economic health of its members in Evanston, IL.
This information is meant to be a general summary of Evanston Firemens 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: $31,346
- Program Service Revenue: $20,687
- Gross Receipts: $52,291
Assets and Liabilities:
- Total Assets: $2,458,268
- Total Liabilities: $2,141,495
- Net Assets: $316,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$20,687
Organization Details
Founding Year
1940
Phone
(847) 866-5920Principal Officer
Curt Koopman
Main Address
702 MADISON ST, EVANSTON, IL, 60202
NTEE Category
Code: W60 - Public benefit
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