Overview
What is Processors-Industrial Community Credit Union?
Processors-Industrial Community Credit Union is a cooperative financial institution located in Granite City, Illinois. Serving a membership of 1,996 individuals, this nonprofit organization extends its services to residents and workers in Granite City, Pontoon Beach, Mitchell, Madison, and Venice, as well as St. Clair County, Madison County, and Jersey County. Additionally, employment with selected companies such as American Steel, Bulk Service, Gateway City Township, and others, along with their families, qualifies individuals for membership. The primary mission of Processors-Industrial Community Credit Union is to provide financial services cooperatively to its members, ensuring they have access to banking and financial resources to meet their needs.
Official website here: www.piccu.org
Is Processors-Industrial Community Credit Union legitimate?
Processors-Industrial Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Processors-Industrial 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: $34,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,591
For more financial information, click here
Official website here: www.piccu.org
What is the mission statement of Processors-Industrial Community Credit Union?
Processors-Industrial Community Credit Union's mission is centered around providing cooperative financial services. This mission extends to individuals who reside or work in specific areas, such as Granite City, Pontoon Beach, Mitchell, Madison, and Venice, as well as other parts of St. Clair County, Madison County, and Jersey County. The credit union also extends membership opportunities to employees of several companies and their immediate families. The primary goal of Processors-Industrial Community Credit Union is to offer cooperative financial services to its members, aiming to meet their financial needs effectively.
Official website here: www.piccu.org
Who is the CEO of Processors-Industrial Community Credit Union?
Steve Selby is the Board Chair of Processors-Industrial Community Credit Union. The CEO's salary of Processors-Industrial Community Credit Union is $34,642 and their total compensation is $34,642.
Official website here: www.piccu.org
What is the revenue of Processors-Industrial Community Credit Union?
Processors-Industrial Community Credit Union's revenue in 2021 was $574,607.
Official website here: www.piccu.org
Who are the executives of Processors-Industrial Community Credit Union and what are their salaries?
The average compensation at Processors-Industrial Community Credit Union during 2021 was $21,404. There are 8 employees at Processors-Industrial Community Credit Union.
Here are 7 key members and their salaries (Processors-Industrial Community Credit Union's CEO's salary is $34,642 and their total compensation is $34,642):
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- Compensation: $34,642
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- Other: $0
Official website here: www.piccu.org
Where can I find the form 990 for Processors-Industrial Community Credit Union?
Processors-Industrial Community Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.piccu.org
Learn more at the official website: www.piccu.org
Mission Statement of Processors-Industrial Community Credit Union
Processors-Industrial Community Credit Union, a financial cooperative, is committed to serving a specific group of individuals. It aims to extend its cooperative financial services to those who reside or work in certain areas, including Granite City, Pontoon Beach, Mitchell, Madison, and Venice, as well as St. Clair County, Madison County, and Jersey County. Additionally, the credit union extends membership opportunities to employees of several companies and their immediate families, household members, and relatives. The primary mission of Processors-Industrial Community Credit Union is to provide these members with cooperative financial services. It strives to support its members by offering a variety of financial services to meet their financial needs.
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Impact
October, 2024
Processors-Industrial Community Credit Union significantly enhances the financial well-being of its members by providing cooperative financial services tailored to those who live or work in designated areas of Granite City, Pontoon Beach, Mitchell, Madison, and Venice, as well as throughout St. Clair County, Madison County, and Jersey County. With a membership base of 1,996 individuals, the credit union fosters a sense of community and support among its members, which includes not only residents but also employees from various local businesses and their families.
By focusing on the cooperative model, Processors-Industrial Community Credit Union ensures that members have access to fair and affordable financial products and services. This promotes financial empowerment among individuals and families, allowing them to make informed decisions, manage their finances effectively, and achieve their personal financial goals. The credit union's presence also strengthens local economies by encouraging savings and investments within the community.
Through its mission to provide cooperative financial services, the credit union plays a crucial role in improving the overall financial landscape for its members, ultimately fostering a thriving and supportive community environment.
This information is meant to be a general summary of Processors-Industrial 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 2021.
- Investment Income: $26,463
- Program Service Revenue: $457,071
- Gross Receipts: $574,607
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
$259,742
FEES AND CHARGES
Revenue
$183,701
ATM FEES - NON-MEMBER
Revenue
$13,628
Organization Details
Founding Year
1962
Phone
(618) 452-2752Principal Officer
Steve Selby
Main Address
2400 MADISON AVENUE PO BOX 1388, GRANITE CITY, IL, 62040
Website
www.piccu.orgNTEE Category
Code: W60 - Public benefit
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