Overview
What is Blackhawk Area Cu?
Blackhawk Area Credit Union, located at 214 Main Street, Savanna, Illinois 61074, is a member-driven financial institution with a mission to offer affordable financial services. Serving a membership of 4,023, this credit union prioritizes savings and financial education, providing dividend rates that surpass those of local competitors. With a workforce of 27 individuals, Blackhawk Area Credit Union aims to thrive and continue providing essential financial services to its members.
Official website here: www.bacu.org
Is Blackhawk Area Cu legitimate?
Blackhawk Area Cu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blackhawk Area Cu 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: $150,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $412,282
For more financial information, click here
Official website here: www.bacu.org
What is the mission statement of Blackhawk Area Cu?
The mission of Blackhawk Area Cu, as a credit union, is centered around providing its members with affordable financial services. This includes encouraging savings and offering educational resources in financial matters. The primary goal is to ensure the continuity and prosperity of the credit union as a financially viable institution in the future. With around 4,023 members, they offer savings accounts with dividend rates surpassing those of local competitors.
Official website here: www.bacu.org
Who is the CEO of Blackhawk Area Cu?
Rhonda Schroeder is the Ceo of Blackhawk Area Cu. The CEO's salary of Blackhawk Area Cu is $99,850 and their total compensation is $99,850.
Official website here: www.bacu.org
What is the revenue of Blackhawk Area Cu?
Blackhawk Area Cu's revenue in 2022 was $1,907,031.
Official website here: www.bacu.org
Who are the executives of Blackhawk Area Cu and what are their salaries?
The average compensation at Blackhawk Area Cu during 2022 was $20,840. There are 27 employees and 9 volunteers at Blackhawk Area Cu.
Here are 11 key members and their salaries (Blackhawk Area Cu's CEO's salary is $99,850 and their total compensation is $99,850):
- Compensation: $99,850
- Related: $0
- Other: $0
- Compensation: $50,538
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bacu.org
Where can I find the form 990 for Blackhawk Area Cu?
Blackhawk Area Cu's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bacu.org
Learn more at the official website: www.bacu.org
Mission Statement of Blackhawk Area Cu
Blackhawk Area Credit Union, a member-driven organization, is committed to its mission. This mission aims to offer affordable financial services to its members, fostering a savings culture, and providing financial education. By doing so, the credit union aspires to maintain its financial stability and continue serving as a reliable financial institution for its members in the long term. Blackhawk Area Credit Union serves approximately 4,023 members, offering savings accounts with dividend rates surpassing those of local competitors.
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Impact
October, 2024
Blackhawk Area Credit Union significantly enhances the financial well-being of its 4,023 members in Savanna, IL, by offering competitive savings accounts with dividend rates that surpass those of local competitors. This focus on mutual benefit fosters a culture of savings and financial education, empowering members to make informed financial decisions. By prioritizing low-cost financial services, Blackhawk Area CU not only supports individual and community financial health but also strengthens its position as a sustainable institution committed to ongoing service and prosperity. The impact extends beyond mere financial transactions, nurturing a sense of community and shared prosperity among its members.
This information is meant to be a general summary of Blackhawk Area Cu. 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: $160,441
- Program Service Revenue: $1,746,590
- Gross Receipts: $1,907,031
Assets and Liabilities:
- Total Assets: $43,546,962
- Total Liabilities: $40,193,254
- Net Assets: $3,353,708
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Organization Details
Founding Year
1935
Phone
(815) 273-4503Principal Officer
Rhonda Schroeder
Main Address
214 Main Street, Savanna, IL, 61074
Website
www.bacu.orgNTEE Category
Code: W60 - Public benefit
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