Overview
What is Central Illinois Credit Union?
Central Illinois Credit Union is a nonprofit financial institution, situated in Champaign, Illinois. With over 5,600 member share accounts and 1,100 loan accounts, it serves its membership by offering a comprehensive range of competitive financial services. The credit union's mission is twofold: providing quality financial services with a friendly approach, and ensuring long-term financial stability. Additionally, they promote thrift and actively engage in their local community. Their services include consumer lending and the issuance of Visa cards. With a small workforce of 9 employees, they strive to maintain a personalized and member-focused atmosphere.
Official website here: www.cicu.com
Is Central Illinois Credit Union legitimate?
Central Illinois Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Central Illinois 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: $223,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,739
For more financial information, click here
Official website here: www.cicu.com
What is the mission statement of Central Illinois Credit Union?
Central Illinois Credit Union's mission is centered around providing its members with a wide array of high-quality financial services at competitive rates. They are deeply committed to delivering exceptional member service in a welcoming atmosphere, with a focus on long-term financial stability. Additionally, the credit union promotes thrift and actively engages with their local community. Their operations encompass consumer lending and managing deposits from their membership base, serving over 5,600 share accounts and 1,100 loan accounts, including Visa cards.
Official website here: www.cicu.com
What is the revenue of Central Illinois Credit Union?
Central Illinois Credit Union's revenue in 2024 was $1,686,010.
Official website here: www.cicu.com
Who are the executives of Central Illinois Credit Union and what are their salaries?
The average compensation at Central Illinois Credit Union during 2024 was $36,354. There are 12 employees and 9 volunteers at Central Illinois Credit Union.
Here are 11 key members and their salaries:
- Compensation: $124,288
- Related: $0
- Other: $8,303
- Compensation: $88,944
- Related: $0
- Other: $1,980
- 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.cicu.com
Where can I find the form 990 for Central Illinois Credit Union?
Central Illinois Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cicu.com
Learn more at the official website: www.cicu.com
Mission Statement of Central Illinois Credit Union
Central Illinois Credit Union's mission is centered around serving its membership by offering a comprehensive array of high-quality financial services at competitive rates. The credit union is deeply committed to fostering a friendly environment, prioritizing member service, and ensuring long-term financial stability. Beyond this, the institution promotes thrift and takes an active role in its community, demonstrating a dedication to its members' well-being beyond just financial matters. Central Illinois Credit Union provides various financial services, including consumer lending, and manages over 5,600 member share accounts and 1,100 loan accounts, including Visa cards.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Central Illinois Credit Union has a significant impact on the community by offering a full range of quality financial services to its members at competitive rates. With over 5,600 member share type accounts and 1,100 loan accounts, including VISA cards, it serves as a financial hub for residents in Champaign, IL. The credit union emphasizes member service in a friendly atmosphere, promoting long-term financial stability and encouraging responsible saving habits. Additionally, its commitment to community involvement fosters local growth and strengthens the financial well-being of its members, making it an integral part of the region's economic landscape.
This information is meant to be a general summary of Central Illinois 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 2024.
- Investment Income: $624,890
- Program Service Revenue: $1,061,120
- Gross Receipts: $1,686,010
Assets and Liabilities:
- Total Assets: $25,024,351
- Total Liabilities: $22,659,301
- Net Assets: $2,365,050
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$658,438
FEES AND CHARGES
Revenue
$402,682
Organization Details
If you are a representative of Central Illinois Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.