Overview
What is Carbondale Highway Credit Union?
Carbondale Highway Credit Union is a member-owned and controlled financial cooperative located in Carbondale, Illinois. Every year, its members have the opportunity to elect nine volunteer board directors through a proxy vote, with the option to cast votes in person at the annual meeting. Any modifications to the credit union's bylaws require approval from the membership. As a cooperative, the credit union aims to serve its members by providing financial services and ensuring that decisions regarding its operations reflect the collective interests of its members.
Is Carbondale Highway Credit Union legitimate?
Carbondale Highway Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Carbondale Highway 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: $60,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,559
For more financial information, click here
What is the mission statement of Carbondale Highway Credit Union?
The Carbondale Highway Credit Union is a member-owned and controlled financial institution. The membership elects a volunteer board of directors annually, with voting rights extended to those in attendance at the annual meeting or through proxy. Any amendments to the credit union's by-laws require approval from the membership. The credit union's mission is centered around its membership, allowing the members to have a significant role in its governance and decision-making process.
Who is the CEO of Carbondale Highway Credit Union?
Joe Zdankiewicz is the Secretary of Carbondale Highway Credit Union.
What is the revenue of Carbondale Highway Credit Union?
Carbondale Highway Credit Union's revenue in 2022 was $203,767.
Who are the executives of Carbondale Highway Credit Union and what are their salaries?
The average compensation at Carbondale Highway Credit Union during 2022 was $52,180. There are 2 employees at Carbondale Highway Credit Union.
Here are 11 key members and their salaries:
- Compensation: $60,801
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Carbondale Highway Credit Union?
Carbondale Highway Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carbondale Highway Credit Union
Carbondale Highway Credit Union, a cooperative financial institution, is governed and directed by its members. Each year, the members have the opportunity to cast their votes, either in person at the annual meeting or by proxy, to elect a volunteer Board of Directors consisting of nine individuals. The members hold significant power in this democratic process, as any amendments made to the Credit Union's by-laws require their approval. This democratic structure ensures that the Credit Union remains accountable to its members, making decisions that align with their best interests.
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Impact
October, 2024
Carbondale Highway Credit Union plays a vital role in its community by providing a cooperative financial institution that is wholly owned and managed by its members. This structure empowers individuals to have a say in their financial services, fostering a sense of ownership and engagement within the community.
Members actively participate in the governance of the credit union by voting annually to elect a volunteer board of directors, ensuring that the organization remains accountable to the needs and interests of its membership. This democratic process not only strengthens the bond between members and their financial institution but also enhances transparency and trust.
Additionally, any amendments to the credit union's bylaws require member approval, further emphasizing the commitment to democratic values and community involvement. By prioritizing the well-being of its members, Carbondale Highway Credit Union contributes to economic stability and supports local initiatives, ultimately leading to a positive impact on the overall community in Carbondale, Illinois.
This information is meant to be a general summary of Carbondale Highway 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: $15,509
- Gross Receipts: $203,767
Assets and Liabilities:
- Total Assets: $5,469,705
- Total Liabilities: $4,686,971
- Net Assets: $782,734
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Organization Details
Founding Year
1951
Phone
(618) 549-6624Principal Officer
Joe Zdankiewicz
Main Address
PO BOX 713, CARBONDALE, IL, 62903
NTEE Category
Code: W60 - Public benefit
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