Overview
What is Western Districts Members Credit Union?
Western Districts Members Credit Union is a not-for-profit financial institution, established in Michigan. Its primary mission is to foster thrift among its members and offer them credit at affordable rates. Additionally, the credit union provides a variety of financial services to its members. You can explore their programs by visiting their website at www.wdmcu.org. The credit union operates on the principle of cooperative ownership, ensuring that profits are reinvested back into the community and its members' interests.
Official website here: www.westmichigancu.com
Is Western Districts Members Credit Union legitimate?
Western Districts Members Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Western Districts Members 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $357,361
For more financial information, click here
Official website here: www.westmichigancu.com
What is the mission statement of Western Districts Members Credit Union?
Western Districts Members Credit Union is established and managed without the intention of generating profit. Its primary objective is to foster savings among its members, provide them with affordable credit, and offer various financial services. The credit union operates with the aim of benefiting its members financially, offering credit at reasonable rates and promoting thrift. The programs and services offered by Western Districts Members Credit Union can be accessed on their website.
Official website here: www.westmichigancu.com
Who is the CEO of Western Districts Members Credit Union?
David T Keim is the CEO of Western Districts Members Credit Union The CEO's salary of Western Districts Members Credit Union is $42,842 and their total compensation is $42,842.
Official website here: www.westmichigancu.com
What is the revenue of Western Districts Members Credit Union?
Western Districts Members Credit Union's revenue in 2022 was $354,149.
Official website here: www.westmichigancu.com
Who are the executives of Western Districts Members Credit Union and what are their salaries?
The average compensation at Western Districts Members Credit Union during 2022 was $32,487. There are 11 employees and 8 volunteers at Western Districts Members Credit Union.
Here are 10 key members and their salaries (Western Districts Members Credit Union's CEO's salary is $42,842 and their total compensation is $42,842):
- Compensation: $42,842
- Related: $0
- Other: $0
- Compensation: $34,822
- 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.westmichigancu.com
Where can I find the form 990 for Western Districts Members Credit Union?
Western Districts Members Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westmichigancu.com
Learn more at the official website: www.westmichigancu.com
Mission Statement of Western Districts Members Credit Union
Western Districts Members Credit Union, a non-profit organization, is established with the primary objective of fostering thrift and offering credit at affordable rates. Moreover, it extends its services beyond just finance, providing various financial solutions to its members. The organization operates on a principle of not earning profits, instead channeling its resources towards promoting financial well-being among its members. By visiting their website at www.wdmcu.org, one can explore the range of programs and services offered by Western Districts Members Credit Union.
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Impact
October, 2024
Western Districts Members Credit Union significantly impacts its community by promoting financial well-being and economic stability among its members. Based in Grand Rapids, MI, it focuses on fostering thriftiness and ensuring access to credit at reasonable rates. By offering various financial services tailored to the needs of its members, it helps individuals manage their finances more effectively and encourages sound financial practices.
Through its commitment to these principles, Western Districts Members Credit Union plays a crucial role in enhancing the financial literacy and stability of its members, thereby contributing to the overall economic health of the community. Its ongoing programs and services can be explored further on its website at www.wdmcu.org, showcasing its dedication to serving the public benefit and empowering individuals to achieve their financial goals.
This information is meant to be a general summary of Western Districts Members 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: $261,641
- Program Service Revenue: $92,508
- Gross Receipts: $354,149
Assets and Liabilities:
- Total Assets: $45,348,254
- Total Liabilities: $38,453,259
- Net Assets: $6,894,995
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER OPERATING INCOME
Revenue
$46,924
FEE INCOME
Revenue
$45,584
Organization Details
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