Overview
What is Decatur Medical Dental Credit Union?
Decatur Medical Dental Credit Union is a financial institution located in Decatur, Illinois, functioning as a credit union. Its primary objective, as expressed in its mission, is to operate as a credit union, providing financial services to its members. This credit union is dedicated to serving the community, offering credit and savings options, and contributing to the financial well-being of its members.
Is Decatur Medical Dental Credit Union legitimate?
Decatur Medical Dental Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Decatur Medical Dental 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: $46,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,509
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What is the mission statement of Decatur Medical Dental Credit Union?
Decatur Medical Dental Credit Union, as a credit union, is committed to serving its members by adhering to its mission. This mission is centered around the concept of a credit union, implying a focus on financial services and community engagement. The credit union does not provide specific details about the nature of its services or community contributions in its mission statement. However, as a credit union, it typically aims to provide financial services such as savings and loan products, while also promoting financial literacy and community development within its membership base.
Who is the CEO of Decatur Medical Dental Credit Union?
David Overlot is the President/Ch of Decatur Medical Dental Credit Union.
What is the revenue of Decatur Medical Dental Credit Union?
Decatur Medical Dental Credit Union's revenue in 2022 was $289,488.
Who are the executives of Decatur Medical Dental Credit Union and what are their salaries?
The average compensation at Decatur Medical Dental Credit Union during 2022 was $37,004. There are 4 employees at Decatur Medical Dental Credit Union.
Here are 11 key members and their salaries:
- Compensation: $45,687
- Related: $0
- Other: $820
- Compensation: $0
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- 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
Where can I find the form 990 for Decatur Medical Dental Credit Union?
Decatur Medical Dental Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Decatur Medical Dental Credit Union
Decatur Medical Dental Credit Union, as a credit union, has a straightforward yet crucial mission. This mission, in essence, is centered around providing credit union services. The organization, while not specified in the provided information, likely offers financial services and products to its members, ensuring they have access to affordable financial solutions. The credit union's mission is to serve its members, promoting financial well-being and stability within the community.
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Impact
October, 2024
Decatur Medical Dental Credit Union plays a significant role in the Decatur community by providing essential financial services tailored to the needs of its members. As a credit union, it focuses on fostering financial well-being among individuals and families, particularly those in the medical and dental professions. This localized approach helps build strong relationships within the community, ensuring that members have access to affordable loans, savings accounts, and various financial products that align with their specific needs.
Furthermore, the credit union promotes financial literacy by offering educational resources and workshops, empowering members to make informed financial decisions. By investing in its members and community, Decatur Medical Dental Credit Union not only helps improve individual financial stability but also contributes to the overall economic health of the region. Its mission to serve reflects a commitment to the public benefit, reinforcing the importance of accessible financial services in fostering community growth and resilience.
This information is meant to be a general summary of Decatur Medical Dental 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: $48,750
- Program Service Revenue: $187,791
- Gross Receipts: $289,488
Assets and Liabilities:
- Total Assets: $13,636,577
- Total Liabilities: $12,363,036
- Net Assets: $1,273,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$187,791
Organization Details
Founding Year
1937
Phone
(217) 872-3789Principal Officer
David Overlot
Main Address
2721 N MAIN ST, DECATUR, IL, 62526
NTEE Category
Code: W60 - Public benefit
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