Overview
What is Adm Credit Union?
Adm Credit Union is a member-owned financial institution located at 3695 E William Street Road, Decatur, IL 62521. Established to cater to the financial needs of company employees, it operates with a volunteer board of directors elected by its membership. The credit union manages over 3,100 share type accounts and 660 loan accounts, demonstrating its active role in serving its members' financial needs. With a small team of six employees, Adm Credit Union continues to provide essential financial services to its community.
Official website here: www.admcu.com
Is Adm Credit Union legitimate?
Adm Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Adm 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: $28,178
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,970
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Official website here: www.admcu.com
What is the mission statement of Adm Credit Union?
Adm Credit Union was established with the primary objective of catering to the financial needs of the company's employees. It operates as a member-owned institution, governed by a volunteer board of directors elected by the membership. The credit union provides various financial services, including managing more than 3,100 member share type accounts and over 660 loan accounts. Its mission is centered around serving the financial needs of its members, ensuring they have access to essential financial services. The credit union's operations are driven by its member-owned structure and the guidance of its elected board of directors.
Official website here: www.admcu.com
Who is the CEO of Adm Credit Union?
Ann Wildman is the Chairman of Adm Credit Union.
Official website here: www.admcu.com
What is the revenue of Adm Credit Union?
Adm Credit Union's revenue in 2022 was $178,439.
Official website here: www.admcu.com
Who are the executives of Adm Credit Union and what are their salaries?
The average compensation at Adm Credit Union during 2022 was $10,525. There are 6 employees and 7 volunteers at Adm Credit Union.
Here are 8 key members and their salaries:
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- Compensation: $22,391
- Related: $0
- Other: $5,787
Official website here: www.admcu.com
Where can I find the form 990 for Adm Credit Union?
Adm Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.admcu.com
Learn more at the official website: www.admcu.com
Mission Statement of Adm Credit Union
Adm Credit Union was established with the primary objective of addressing the financial needs of the company's employees. Operating as a member-owned entity, it is governed by a volunteer board of directors elected by the membership. The credit union's activities extend beyond basic financial services, managing over 3,100 member share type accounts and 660 loan accounts. In essence, Adm Credit Union serves as a financial resource, catering to the financial wellbeing of its member-employees.
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Impact
October, 2024
ADM Credit Union significantly impacts the financial well-being of its members, primarily employees of ADM. By providing tailored financial services, it enables over 3,100 member share accounts and 660 loan accounts, facilitating access to essential banking resources. Its member-owned structure, governed by a volunteer board elected by its membership, fosters a sense of community and collaboration among members. This approach not only meets individual financial needs but also promotes financial literacy and empowerment within the workforce. In Decatur, Illinois, ADM Credit Union plays a vital role in supporting its members' economic growth and stability, reinforcing its commitment to public benefit.
This information is meant to be a general summary of Adm 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: $11,603
- Program Service Revenue: $166,836
- Gross Receipts: $178,439
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
$108,338
FEES AND CHARGES
Revenue
$58,498
Organization Details
Founding Year
1941
Phone
(217) 422-3966Principal Officer
Ann Wildman
Main Address
3695 E WILLIAM STREET RD, DECATUR, IL, 625211658
Website
www.admcu.comNTEE Category
Code: W61 - Public benefit
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