Overview
What is Irse Credit Union?
Irse Credit Union is a financial institution located at 3101 Constitution Drive, Springfield, Illinois, serving over 1,200 members. As a nonprofit, its primary objective is to assist its members in managing their financial well-being. It offers a range of services, including loans, savings accounts, and other financial institution services, all delivered in a friendly and professional manner. The credit union manages over 1,200 member share type accounts and 510 loan accounts, including Visa cards. With a team of just four employees, Irse Credit Union is committed to providing essential financial support to its members.
Is Irse Credit Union legitimate?
Irse Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Irse 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: $35,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,475
For more financial information, click here
What is the mission statement of Irse Credit Union?
Irse Credit Union's mission is centered around assisting its members in managing their financial well-being. They achieve this by providing various financial institution services, such as loans, savings accounts, and Visa cards, in a friendly and professional manner. The credit union aims to serve its membership base of over 1,200 member share type accounts and 510 loan accounts, ensuring they can effectively manage their finances. The credit union's operations prioritize maintaining a positive and professional atmosphere, making it an approachable financial resource for its members.
Who is the CEO of Irse Credit Union?
Katy Brown is the Chairman Of The Board of Irse Credit Union.
What is the revenue of Irse Credit Union?
Irse Credit Union's revenue in 2020 was $165,869.
Who are the executives of Irse Credit Union and what are their salaries?
The average compensation at Irse Credit Union during 2020 was $16,678. There are 4 employees and 13 volunteers at Irse Credit Union.
Here are 14 key members and their salaries:
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- Compensation: $32,533
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- Other: $2,702
Where can I find the form 990 for Irse Credit Union?
Irse Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Irse Credit Union
Irse Credit Union, a financial institution, is committed to assisting its members in managing their financial well-being. It achieves this mission by offering various financial services, such as loans, savings accounts, and Visa cards, in a friendly and professional manner. The Credit Union's primary goal is to help its members navigate their financial responsibilities effectively, ensuring they make informed decisions and maintain financial stability. By providing these services, Irse Credit Union plays a crucial role in fostering financial confidence and independence among its members.
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Impact
October, 2024
Iirse Credit Union significantly enhances the financial well-being of its members by offering a range of services designed to meet their diverse needs. With a focus on consumer lending and deposit services, the Credit Union supports over 1,200 member share accounts and 510 loan accounts, including various financial products like Visa cards. Located in Springfield, IL, Irse Credit Union is committed to providing these services in a friendly and professional manner, ensuring that members feel valued and supported in their financial journeys. By facilitating access to loans and savings accounts, Irse Credit Union plays a crucial role in empowering individuals and families to manage their financial resources effectively, ultimately contributing to the overall economic health of the community.
This information is meant to be a general summary of Irse 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 2020.
- Investment Income: $54,732
- Program Service Revenue: $111,137
- Gross Receipts: $165,869
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$93,388
FEES AND CHARGES
Revenue
$17,749
Organization Details
Founding Year
1949
Phone
(217) 726-9595Principal Officer
Katy Brown
Main Address
3101 CONSTITUTION DRIVE, SPRINGFIELD, IL, 62704
NTEE Category
Code: W60 - Public benefit
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