Ash Employees Credit Union

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

EIN: 370807500 ✦ Anna, IL ✦ Designated as a 501(c)(14)

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Overview

What is Ash Employees Credit Union?

Ash Employees Credit Union is a nonprofit organization that serves 1,124 members by providing various financial and related services. Their primary mission is to offer top-notch financial support to their members, aiming to improve their financial health while maintaining the financial stability of the credit union itself. With a minimal workforce of just two employees, Ash Employees Credit Union is committed to ensuring the financial well-being of its members.

Is Ash Employees Credit Union legitimate?

Ash Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ash 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: $60,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,824

For more financial information, click here

What is the mission statement of Ash Employees Credit Union?

Ash Employees Credit Union's mission is centered around providing top-notch financial services to its members, aiming to enhance their financial well-being while ensuring the financial stability of the credit union itself. The organization strives to offer a wide range of financially related services to its 1,124 members, thereby contributing to their financial health. The credit union's mission is a testament to its commitment to its members, ensuring they can make informed financial decisions and navigate their financial journey with confidence.

Who is the CEO of Ash Employees Credit Union?

Cynthia Walker is the Board Chairperson of Ash Employees Credit Union.

What is the revenue of Ash Employees Credit Union?

Ash Employees Credit Union's revenue in 2022 was $275,126.

Who are the executives of Ash Employees Credit Union and what are their salaries?

The average compensation at Ash Employees Credit Union during 2022 was $51,372. There are 2 employees and 7 volunteers at Ash Employees Credit Union.


Here are 8 key members and their salaries:


Lawanda Jones (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hartline (Board Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Athalyn Hunt (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Tripp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Burris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Cochran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Jeffords (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Walker (President/Board Treasurer)
  • Compensation: $60,115
  • Related: $0
  • Other: $805
Where can I find the form 990 for Ash Employees Credit Union?

Ash Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ash Employees Credit Union

Ash Employees Credit Union is committed to delivering top-tier financial services to its members, with the primary objective of enhancing their financial well-being. This nonprofit organization operates with a dual focus: providing high-quality financial services while simultaneously ensuring the financial stability of the credit union itself. By doing so, Ash Employees Credit Union aims to contribute positively to the financial health of its 1,124 members. This mission is a testament to the credit union's dedication to serving its members effectively and sustainably.

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Impact




October, 2024

Ash Employees Credit Union significantly enhances the financial well-being of its 1,124 members in Anna, IL, by offering high-quality financial services. The credit union focuses on empowering its members to achieve their financial goals through a variety of products and services tailored to their needs. By maintaining financial strength, it ensures that members can rely on stable and secure banking while fostering a sense of community and mutual support among them. The impact of Ash Employees Credit Union extends beyond individual members, contributing to the overall economic health of the region through responsible lending practices and promoting a culture of financial responsibility.




This information is meant to be a general summary of Ash 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.

Revenue
$275,126 (2022)
Expenses
$246,846 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,575
  • Program Service Revenue: $260,911
  • Gross Receipts: $275,126

Assets and Liabilities:

  • Total Assets: $4,900,005
  • Total Liabilities: $4,086,149
  • Net Assets: $813,856

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Programs

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

INTEREST ON LOANS

Revenue

$251,562

FEES & OTHER INCOME

Revenue

$9,349

Organization Details

Founding Year

1952

Principal Officer

Cynthia Walker

Main Address

PO BOX 644, ANNA, IL, 629060644

NTEE Category

Code: W60 - Public benefit

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