Overview
What is United Equity Credit Union?
United Equity Credit Union is a nonprofit organization located in Decatur, Illinois. With over 3,600 members, it primarily focuses on providing consumer and real estate loans. The credit union's mission is to ensure the security of savings and selected financial services for its members, offering these benefits in a convenient and responsive manner, all while maintaining financial stability and adequacy. The organization employs a team of 37 individuals to carry out these operations.
Official website here: www.uecu.com
Is United Equity Credit Union legitimate?
United Equity Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. United Equity 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: $147,019
Professional Fundraising Fees: $0
Other Salaries and Wages: $830,498
For more financial information, click here
Official website here: www.uecu.com
What is the mission statement of United Equity Credit Union?
United Equity Credit Union's mission is centered around providing its members with the security of their savings and a range of competitive financial services. This is done in a convenient and responsive manner, ensuring member satisfaction. The union maintains financial stability and adequately manages its operations to offer these services. The primary goal is to offer these services at competitive rates, demonstrating its commitment to its members. United Equity Credit Union also provides consumer and real estate loans to its over 3600 members.
Official website here: www.uecu.com
Who is the CEO of United Equity Credit Union?
Kara Johnston is the Chairperson of United Equity Credit Union. The CEO's salary of United Equity Credit Union is $121,070 and their total compensation is $147,019.
Official website here: www.uecu.com
What is the revenue of United Equity Credit Union?
United Equity Credit Union's revenue in 2022 was $3,141,745.
Official website here: www.uecu.com
Who are the executives of United Equity Credit Union and what are their salaries?
The average compensation at United Equity Credit Union during 2022 was $26,419. There are 37 employees and 11 volunteers at United Equity Credit Union.
Here are 16 key members and their salaries (United Equity Credit Union's CEO's salary is $121,070 and their total compensation is $147,019):
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- Compensation: $121,070
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- Other: $25,949
Official website here: www.uecu.com
Where can I find the form 990 for United Equity Credit Union?
United Equity Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uecu.com
Learn more at the official website: www.uecu.com
Mission Statement of United Equity Credit Union
United Equity Credit Union, in its mission, is dedicated to ensuring the security of savings and selected financial services for its members. It strives to provide these services in a convenient and responsive manner, all while maintaining financial stability and adequacy. The credit union offers consumer and real estate loans to over 3600 of its members at competitive rates, demonstrating its commitment to serving its members effectively.
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Impact
October, 2024
United Equity Credit Union plays a crucial role in enhancing the financial well-being of its members in Decatur, IL. By providing a range of consumer and real estate loans, the credit union supports over 3,600 members, helping them achieve their financial goals. Its commitment to offering secure savings and selected financial services in a convenient and responsive manner ensures that members can access the resources they need without compromising on service quality. Additionally, by maintaining competitive rates, the credit union fosters a sense of financial stability within the community, empowering individuals and families to make informed financial decisions. This commitment to member-focused service contributes significantly to the overall economic health of the region.
This information is meant to be a general summary of United Equity 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: $283,187
- Program Service Revenue: $2,182,461
- Gross Receipts: $3,141,745
Assets and Liabilities:
- Total Assets: $64,075,015
- Total Liabilities: $55,442,428
- Net Assets: $8,632,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$1,944,202
Fees and Charges
Revenue
$238,259
Organization Details
Founding Year
1935
Phone
(217) 875-1845Principal Officer
Kara Johnston
Main Address
PO BOX 2108, DECATUR, IL, 625242108
Website
www.uecu.comNTEE Category
Code: W60 - Public benefit
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