Overview
What is Decatur Earthmover Credit Union?
Decatur Earthmover Credit Union, based in Central Illinois, is a full-service financial institution dedicated to serving its community. Their primary goal is to establish enduring connections by delivering top-notch financial services. The credit union offers various financial products and services, including lending options for both new and existing members, deposit collection, and certificate of deposit issuance. Additionally, they provide home equity and first mortgage loans to their members.
Official website here: www.decu.com
What are the reviews and ratings of this charity?
Decatur Earthmover Credit Union is not currently rated by Charity Navigator. The organization requires specific beacon evaluations, such as Accountability & Finance or Impact & Measurement, which are not applicable as it is not a 501(c)(3) entity. The absence of a rating should not be interpreted as a positive or negative assessment but rather reflects limitations due to its classification.
The organization is noted as independent and reflects a historical focus on what Charity Navigator identifies as Accountability and Finance, though this may not include more current componenets like Leadership & Adaptability. Overall, the lack of evaluation is primarily due to its nonprofit status, affecting the availability of financial and salary data.
GreatNonprofits does not have any user reviews for Decatur Earthmover Credit Union. Thus, there is no additional feedback to provide regarding its community impact or service perception.
This AI summary has been generated from information found on Charity Navigator.
Is Decatur Earthmover Credit Union legitimate?
Decatur Earthmover Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Decatur Earthmover 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: $1,099,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,856,845
For more financial information, click here
Official website here: www.decu.com
What is the mission statement of Decatur Earthmover Credit Union?
Decatur Earthmover Credit Union is dedicated to establishing enduring connections with its members by delivering top-notch financial services. As a full-service financial institution, it offers loans to both new and existing members, accepts savings deposits, issues certificates of deposit, and grants home equity and first mortgage loans. The organization's primary goal is to foster strong relationships with its clientele by providing exceptional financial services.
Official website here: www.decu.com
Who is the CEO of Decatur Earthmover Credit Union?
Barry Schmidt is the President of Decatur Earthmover Credit Union.
Official website here: www.decu.com
What is the revenue of Decatur Earthmover Credit Union?
Decatur Earthmover Credit Union's revenue in 2022 was $16,543,031.
Official website here: www.decu.com
Who are the executives of Decatur Earthmover Credit Union and what are their salaries?
The average compensation at Decatur Earthmover Credit Union during 2022 was $32,182. There are 154 employees and 8 volunteers at Decatur Earthmover Credit Union.
Here are 18 key members and their salaries:
- Compensation: $269,242
- Related: $0
- Other: $0
- Compensation: $193,866
- Related: $0
- Other: $0
- Compensation: $107,545
- Related: $0
- Other: $0
- Compensation: $96,062
- Related: $0
- Other: $0
- Compensation: $83,880
- Related: $0
- Other: $0
- Compensation: $75,834
- Related: $0
- Other: $0
- Compensation: $72,837
- Related: $0
- Other: $0
- Compensation: $69,901
- Related: $0
- Other: $0
- Compensation: $66,525
- Related: $0
- Other: $0
- Compensation: $63,530
- 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.decu.com
Where can I find the form 990 for Decatur Earthmover Credit Union?
Decatur Earthmover Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.decu.com
Learn more at the official website: www.decu.com
Mission Statement of Decatur Earthmover Credit Union
Decatur Earthmover Credit Union, a full-fledged financial institution, is dedicated to fostering enduring relationships within the community by delivering superior financial services. The credit union's primary objectives include extending loans to new and existing members, accepting savings deposits from current and prospective members, and issuing certificates of deposit to its member base. In addition to these essential services, Decatur Earthmover Credit Union offers home equity and first mortgage loans to its members, further cementing its commitment to empowering individuals with financial solutions that cater to their unique needs.
Decatur Earthmover Credit Union's mission extends beyond the realm of basic financial transactions. By focusing on relationship-building, the credit union distinguishes itself from other financial institutions. The organization's unwavering dedication to providing exceptional services stems from its belief that strong connections foster trust and loyalty within its member community. As a result, Decatur Earthmover Credit Union not only offers financial products and services but also fosters a sense of belonging among its members.
In conclusion, Decatur Earthmover Credit Union, a leading financial institution, is committed to nurturing lasting relationships by delivering top-notch financial services to its members. Through its core offerings, such as extending loans and accepting deposits, as well as its dedication to providing home equity and first mortgage loans, the credit union empowers individuals to make informed financial decisions and build a strong financial foundation. By focusing on relationship-building, Decatur Earthmover Credit Union stands out as a trusted partner in the financial journeys of its members.
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
Decatur Earthmover Credit Union plays a significant role in the financial health of the Central Illinois community by providing accessible financial services tailored to the needs of its members. By offering a range of products including loans, savings accounts, and certificates of deposit, the credit union supports both personal financial growth and local economic stability.
The focus on building lasting relationships ensures that members receive personalized service, fostering trust and engagement. Home equity and mortgage loans empower individuals and families to invest in their futures, contributing to community development and homeownership rates in the region. Through its commitment to exceptional financial service, Decatur Earthmover Credit Union enhances the overall well-being of Forsyth and surrounding areas, ultimately benefiting the wider community.
This information is meant to be a general summary of Decatur Earthmover 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: $1,899,620
- Program Service Revenue: $9,019,297
- Gross Receipts: $16,543,031
Assets and Liabilities:
- Total Assets: $306,701,377
- Total Liabilities: $283,715,976
- Net Assets: $22,985,401
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.
Interest on Loans
Revenue
$7,466,858
Fees and charges
Revenue
$1,552,439
Organization Details
Founding Year
1957
Phone
(217) 875-2301Principal Officer
Barry Schmidt
Main Address
260 W Marion Ave, Forsyth, IL, 62535
Website
www.decu.comNTEE Category
Code: W60 - Public benefit
If you are a representative of Decatur Earthmover 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.