Overview
What is Peoria City Employees Credit Union?
Peoria City Employees Credit Union is a nonprofit financial institution located at 505 NE Monroe, Peoria, IL 61603. With around 3 employees, this credit union offers consumer lending services and manages over 1,500 member share type accounts and 340 loan accounts, including Visa cards. Its mission is to help its members manage their financial well-being by providing various financial institution services in a friendly and approachable manner. The credit union's activities encompass lending and savings accounts, contributing to the financial stability and growth of its members in the Peoria community.
Is Peoria City Employees Credit Union legitimate?
Peoria City Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Peoria City Employees 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: $33,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,238
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What is the mission statement of Peoria City Employees Credit Union?
The Peoria City Employees Credit Union is committed to assisting its members in managing their financial well-being. They achieve this by offering a range of financial services, including loans, savings accounts, and other financial institution services. The credit union provides these services in a friendly and approachable manner. They cater to over 1,500 member share accounts and 340 loan accounts, including Visa cards. The credit union's primary goal is to help its members effectively manage their finances.
What is the revenue of Peoria City Employees Credit Union?
Peoria City Employees Credit Union's revenue in 2024 was $327,728.
Who are the executives of Peoria City Employees Credit Union and what are their salaries?
The average compensation at Peoria City Employees Credit Union during 2024 was $13,928. There are 4 employees and 10 volunteers at Peoria City Employees Credit Union.
Here are 11 key members and their salaries:
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- Compensation: $33,472
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Where can I find the form 990 for Peoria City Employees Credit Union?
Peoria City Employees Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Peoria City Employees Credit Union
Peoria City Employees Credit Union is committed to aiding its members in managing their financial well-being. This nonprofit organization offers various financial institution services, such as loans, savings accounts, and Visa cards, all delivered in a friendly and approachable manner. Its mission is to assist its members in attaining financial stability and security, providing them with the necessary tools to manage their finances effectively. With over 1,500 member share type accounts and 340 loan accounts under its management, Peoria City Employees Credit Union is dedicated to supporting its members in their financial journeys.
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Impact
October, 2024
Peoria City Employees Credit Union plays a crucial role in enhancing the financial well-being of its members by offering various financial services tailored to their needs. With a focus on consumer lending and savings, the credit union operates over 1,500 member share type accounts and 340 loan accounts, including VISA card services. This accessibility provides members with the necessary tools to manage their finances effectively.
The credit union fosters a friendly environment that supports members in achieving their financial goals, whether through affordable loans or secure savings options. By facilitating financial literacy and providing personalized service, Peoria City Employees Credit Union significantly contributes to the economic stability of its community, helping residents navigate their financial journeys with confidence.
This information is meant to be a general summary of Peoria City Employees 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: $103,691
- Program Service Revenue: $222,591
- Gross Receipts: $327,728
Assets and Liabilities:
- Total Assets: $6,355,820
- Total Liabilities: $5,330,574
- Net Assets: $1,025,246
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$199,413
FEES & CHARGES
Revenue
$23,178
Organization Details
Founding Year
1955
Principal Officer
Kim Furness
NTEE Category
Code: W60 - Public benefit
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