Overview
What is Siue Credit Union?
Siue Credit Union is a nonprofit organization that caters to select employee groups and the local community, offering affordable financial services. With a mission to meet the financial needs of its educational community, Siue Credit Union has garnered savings deposits from approximately 1800 members and extended first mortgage loans to 11 of them. This credit union aims to provide personal and professional financial solutions that align with the needs of its members, fostering a sense of mutual purpose within its community.
Official website here: www.siuecu.org
Is Siue Credit Union legitimate?
Siue Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Siue 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: $140,845
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,027
For more financial information, click here
Official website here: www.siuecu.org
What is the mission statement of Siue Credit Union?
Siue Credit Union's mission is centered around providing financial services. They cater to select employee groups and the local community with a focus on affordability, serving their needs in a personal and professional manner. The credit union's mission is to offer financial products and services that align with the requirements of its educational community. As of the provided information, Siue Credit Union has successfully garnered deposits from over 1800 members and extended first mortgage loans to 11 of them, demonstrating their commitment to their mission.
Official website here: www.siuecu.org
Who is the CEO of Siue Credit Union?
Matthew Parrott is the CEO of Siue Credit Union The CEO's salary of Siue Credit Union is $79,627 and their total compensation is $79,627.
Official website here: www.siuecu.org
What is the revenue of Siue Credit Union?
Siue Credit Union's revenue in 2024 was $1,331,092.
Official website here: www.siuecu.org
Who are the executives of Siue Credit Union and what are their salaries?
The average compensation at Siue Credit Union during 2024 was $21,823. There are 12 employees and 11 volunteers at Siue Credit Union.
Here are 13 key members and their salaries (Siue Credit Union's CEO's salary is $79,627 and their total compensation is $79,627):
- Compensation: $79,627
- Related: $0
- Other: $0
- Compensation: $61,218
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.siuecu.org
Where can I find the form 990 for Siue Credit Union?
Siue Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.siuecu.org
Learn more at the official website: www.siuecu.org
Mission Statement of Siue Credit Union
Siue Credit Union, a credit union dedicated to serving select employee groups and the local community, has a mission to deliver financial products and services that cater to the requirements of its educational community. In essence, the organization strives to provide personal and professional financial assistance that aligns with the needs of its members, focusing on the educational sector. Siue Credit Union has successfully attracted deposits from over 1800 members and has extended first mortgage loans to 11 of its members, demonstrating its commitment to its mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Siue Credit Union plays a significant role in enhancing the financial well-being of its members and the local community in Edwardsville, IL. By offering low-cost financial services specifically tailored to select employee groups and the broader educational community, the credit union meets the unique needs of its members.
With a membership base of approximately 1,800 individuals, Siue Credit Union not only accepts deposits but also provides essential services such as first mortgage loans, supporting 11 members in achieving their homeownership goals. This commitment to accessible financial products fosters a sense of mutual support and community growth, ensuring that individuals have the resources necessary to make informed financial decisions.
Through its mission, Siue Credit Union prioritizes the financial needs of the educational community, illustrating its dedication to personalized service and community investment. The organization's impact extends beyond mere transactions; it contributes to strengthening local ties and supporting the financial future of its members.
This information is meant to be a general summary of Siue 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 2024.
- Investment Income: $400,851
- Program Service Revenue: $930,079
- Gross Receipts: $1,331,092
Assets and Liabilities:
- Total Assets: $29,825,696
- Total Liabilities: $27,536,946
- Net Assets: $2,288,750
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consumer, Mortgage & VISA Interest
Revenue
$766,160
VISA Debit Program
Revenue
$70,973
Fees
Revenue
$80,912
Mortgage Origination
Revenue
$100
Group Insurance
Revenue
$11,934
Organization Details
Founding Year
1959
Principal Officer
Matthew Parrott
Website
www.siuecu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Siue Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.