Ibew Local 146 Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 370790109 ✦ Decatur, IL ✦ Designated as a 501(c)(14)

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Overview

What is Ibew Local 146 Credit Union?

Ibew Local 146 Credit Union is a nonprofit financial institution that prioritizes assisting its members in managing their financial well-being. They offer a variety of services, including loans, savings accounts, and payroll deductions, all provided in a friendly and advantageous manner. With around 690 member share account types, they play a significant role in their members' financial lives. Furthermore, they provide approximately 155 consumer loans, ensuring their members have access to necessary funds. The credit union's mission is centered around supporting their members' financial needs, offering these services in a beneficial and approachable manner.


Official website here: www.ibew146cu.com

Is Ibew Local 146 Credit Union legitimate?

Ibew Local 146 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ibew Local 146 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: $40,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,136

For more financial information, click here


Official website here: www.ibew146cu.com

What is the mission statement of Ibew Local 146 Credit Union?

IBEW Local 146 Credit Union's mission is centered around assisting its members in managing their financial well-being. They achieve this by offering various financial services, such as loans, savings, and payroll deductions, in a friendly and advantageous manner. The credit union's aim is to provide these services beneficially, with the ultimate goal of aiding their members in effectively managing their finances. They aim to build a supportive and helpful environment for their members, ensuring they can make the most of their financial resources.


Official website here: www.ibew146cu.com

Who is the CEO of Ibew Local 146 Credit Union?

Kristina Rosenbery is the Manager of Ibew Local 146 Credit Union.


Official website here: www.ibew146cu.com

What is the revenue of Ibew Local 146 Credit Union?

Ibew Local 146 Credit Union's revenue in 2022 was $133,959.


Official website here: www.ibew146cu.com

Who are the executives of Ibew Local 146 Credit Union and what are their salaries?

The average compensation at Ibew Local 146 Credit Union during 2022 was $22,017. There are 2 employees and 10 volunteers at Ibew Local 146 Credit Union.


Here are 8 key members and their salaries:


Kristina Rosenbery (Manager)
  • Compensation: $40,898
  • Related: $0
  • Other: $0
Curtis Young (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Higgason (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Camfield (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas London (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Bogle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew146cu.com

Where can I find the form 990 for Ibew Local 146 Credit Union?

Ibew Local 146 Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew146cu.com

Learn more at the official website: www.ibew146cu.com

Mission Statement of Ibew Local 146 Credit Union

IBEW Local 146 Credit Union is committed to assisting its members in managing their financial well-being. This is achieved by providing a range of financial services, including loans, savings, and payroll deductions. These offerings are delivered in a friendly and beneficial manner, ensuring that the credit union's members can effectively manage their finances. The mission of IBEW Local 146 Credit Union is to be a reliable and supportive financial partner for its members, providing the necessary tools to manage their financial health.

In essence, the credit union serves as a financial ally, offering its members the flexibility and resources to manage their financial needs effectively. By providing loans, savings, and payroll deductions, IBEW Local 146 Credit Union empowers its members to navigate financial challenges and make informed decisions about their financial future. The credit union's approach is characterized by its commitment to delivering these services in a friendly and beneficial manner, ensuring that its members feel supported and confident in their financial management.

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Impact




October, 2024

IBEW Local 146 Credit Union plays a vital role in enhancing the financial well-being of its members in Decatur, IL. By offering a range of financial services, including loans, savings accounts, and payroll deductions, the credit union empowers its approximately 690 members to manage their finances effectively.

Through the provision of around 155 consumer loans, IBEW Local 146 Credit Union not only supports individual financial needs but also fosters economic stability within the community. The focus on friendly and beneficial service ensures that members feel supported and informed in their financial decisions. Overall, the credit union's commitment to assisting its members contributes significantly to their financial health and the broader economic vitality of the region.




This information is meant to be a general summary of Ibew Local 146 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.

Revenue
$133,959 (2022)
Expenses
$112,025 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34,918
  • Program Service Revenue: $99,041
  • Gross Receipts: $133,959

Assets and Liabilities:

  • Total Assets: $4,896,668
  • Total Liabilities: $4,441,169
  • Net Assets: $455,499

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$85,123

FEES AND CHARGES

Revenue

$13,918

Organization Details

Founding Year

1958

Principal Officer

Kristina Rosenbery

Main Address

3390 N WOODFORD STREET, DECATUR, IL, 62526

NTEE Category

Code: W60 - Public benefit

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