Overview
What is State Employees Community Credit Union?
State Employees Community Credit Union is a member-owned, not-for-profit financial institution located in Alton, Illinois. With a commitment to progress, the credit union offers a sound asset management strategy and continually seeks to improve its services. It provides consumer lending and manages over 1,480 member share accounts and 340 loan accounts. The credit union serves its members with diligence, boasting a team of five dedicated employees.
Official website here: www.state-employeescu.com
Is State Employees Community Credit Union legitimate?
State Employees Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Employees Community 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: $51,866
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,514
For more financial information, click here
Official website here: www.state-employeescu.com
What is the mission statement of State Employees Community Credit Union?
The State Employees Community Credit Union operates as a member-owned, not-for-profit financial institution. Committed to providing a sound yet progressive asset management strategy, the credit union aims to continually improve its offerings. The primary activities of the credit union involve providing consumer lending and receiving deposits from its membership. With over 1,480 member share type accounts and approximately 340 loan type accounts, the credit union serves its members effectively.
Official website here: www.state-employeescu.com
Who is the CEO of State Employees Community Credit Union?
Samantha Harvey is the Chairperson of State Employees Community Credit Union. The CEO's salary of State Employees Community Credit Union is $51,866 and their total compensation is $51,866.
Official website here: www.state-employeescu.com
What is the revenue of State Employees Community Credit Union?
State Employees Community Credit Union's revenue in 2022 was $349,522.
Official website here: www.state-employeescu.com
Who are the executives of State Employees Community Credit Union and what are their salaries?
The average compensation at State Employees Community Credit Union during 2022 was $20,676. There are 5 employees and 9 volunteers at State Employees Community Credit Union.
Here are 10 key members and their salaries (State Employees Community Credit Union's CEO's salary is $51,866 and their total compensation is $51,866):
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- Compensation: $51,866
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Official website here: www.state-employeescu.com
Where can I find the form 990 for State Employees Community Credit Union?
State Employees Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.state-employeescu.com
Learn more at the official website: www.state-employeescu.com
Mission Statement of State Employees Community Credit Union
State Employees Community Credit Union, as a member-owned, not-for-profit financial institution, is dedicated to providing a balanced approach to asset management. This strategy is both sound and progressive, aiming to introduce new and improved offerings to its members. The credit union's mission is centered around its commitment to its members, serving over 1,480 account holders and more than 340 borrowers. Its primary activities involve offering consumer lending and receiving deposits from its membership base.
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Impact
October, 2024
State Employees Community Credit Union plays a significant role in its community by offering a range of financial services tailored to the needs of its members. As a member-owned financial institution, it focuses on consumer lending and facilitating deposits, promoting financial well-being among its clientele. With over 1,480 member share type accounts and approximately 340 loan type accounts, the credit union fosters a strong sense of community by ensuring accessible financial resources.
The credit union is dedicated to implementing a sound asset management strategy while continuously developing new and improved services, demonstrating a commitment to progressive financial practices. This approach not only enhances the financial health of its members but also contributes to the overall economic stability of the Alton, IL, area. By prioritizing the needs of its members, State Employees Community Credit Union strengthens community ties and promotes public benefit through responsible financial stewardship.
This information is meant to be a general summary of State Employees Community 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: $23,349
- Program Service Revenue: $317,526
- Gross Receipts: $349,522
Assets and Liabilities:
- Total Assets: $7,863,212
- Total Liabilities: $6,756,550
- Net Assets: $1,106,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$182,978
FEES AND CHARGES
Revenue
$134,548
Organization Details
Founding Year
1952
Phone
(618) 462-5229Principal Officer
Samantha Harvey
Main Address
4500 COLLEGE AVENUE, ALTON, IL, 62002
Website
www.state-employeescu.comNTEE Category
Code: W60 - Public benefit
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