Overview
What is Electrical Workers Local 58 Credit Union?
Electrical Workers Local 58 Credit Union is a nonprofit financial institution situated in Detroit, Michigan. With an address at 1366 Porter Street, the Credit Union offers various deposit account options such as savings, checking, certificates, and other savings plans to its members. As of December 31, 2022, the Credit Union boasts a membership base of 2,290 individuals. Its primary mission is to serve its members by offering financial services and products, ensuring their financial well-being. With a modest workforce of three employees, Electrical Workers Local 58 Credit Union remains dedicated to meeting the financial needs of its members.
Official website here: www.ewcu.net
Is Electrical Workers Local 58 Credit Union legitimate?
Electrical Workers Local 58 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Electrical Workers Local 58 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: $125,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,621
For more financial information, click here
Official website here: www.ewcu.net
What is the mission statement of Electrical Workers Local 58 Credit Union?
The Electrical Workers Local 58 Credit Union's primary mission is to extend financial services and products to its membership. In line with this mission, the credit union offers various deposit accounts such as savings, checking, certificates, and others. As of December 31, 2022, the credit union boasts a membership of 2,290 individuals. The credit union's mission is centered around serving its members financially, providing them with the necessary tools to manage their funds effectively.
Official website here: www.ewcu.net
Who is the CEO of Electrical Workers Local 58 Credit Union?
Jessica Fox is the Manager of Electrical Workers Local 58 Credit Union.
Official website here: www.ewcu.net
What is the revenue of Electrical Workers Local 58 Credit Union?
Electrical Workers Local 58 Credit Union's revenue in 2022 was $471,202.
Official website here: www.ewcu.net
Who are the executives of Electrical Workers Local 58 Credit Union and what are their salaries?
The average compensation at Electrical Workers Local 58 Credit Union during 2022 was $46,735. There are 3 employees and 7 volunteers at Electrical Workers Local 58 Credit Union.
Here are 9 key members and their salaries:
- Compensation: $66,021
- Related: $0
- Other: $0
- Compensation: $59,563
- 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.ewcu.net
Where can I find the form 990 for Electrical Workers Local 58 Credit Union?
Electrical Workers Local 58 Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ewcu.net
Learn more at the official website: www.ewcu.net
Mission Statement of Electrical Workers Local 58 Credit Union
Electrical Workers Local 58 Credit Union is dedicated to delivering financial services and products to its members. The primary mission of this credit union is to cater to its members' financial needs, offering a variety of options such as savings, checking, certificates, and other deposit accounts. As of December 31, 2022, the credit union boasts a membership of 2,290 individuals, demonstrating its commitment to serving its community. By providing these financial services, Electrical Workers Local 58 Credit Union aims to contribute positively to its members' financial well-being and overall stability.
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
Electrical Workers Local 58 Credit Union significantly impacts its members by offering a variety of essential financial services and products tailored to meet their needs. With a strong member base of 2,290 as of December 31, 2022, the credit union serves the Detroit community by providing access to savings, checking, and certificate accounts, among other financial offerings.
By focusing on the financial wellbeing of its members, the Credit Union helps facilitate better financial management, savings habits, and overall economic stability within the community. The financial services offered contribute not only to individual members' financial health but also support the broader economic growth of the area by encouraging responsible financial practices and supporting local initiatives. This commitment to enhancing financial literacy and accessibility ultimately fosters a stronger, more interconnected community in Detroit.
This information is meant to be a general summary of Electrical Workers Local 58 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: $174,872
- Program Service Revenue: $296,330
- Gross Receipts: $471,202
Assets and Liabilities:
- Total Assets: $19,588,980
- Total Liabilities: $17,626,133
- Net Assets: $1,962,847
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.
Fees & Charges
Revenue
$40,467
Interest on Loans
Revenue
$232,534
Other Program Revenue
Revenue
$23,329
Organization Details
Founding Year
1955
Phone
(313) 963-6060Principal Officer
Jessica Fox
Main Address
1366 Porter Street, Detroit, MI, 48226
Website
www.ewcu.netNTEE Category
Code: W60 - Public benefit
If you are a representative of Electrical Workers Local 58 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.