Northwestern Mutual Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390509565 ✦ Milwaukee, WI ✦ Designated as a 501(c)(14)

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Overview

What is Northwestern Mutual Credit Union?

Northwestern Mutual Credit Union, located at 720 E Wisconsin Avenue, Milwaukee, Wisconsin, is a community-focused financial institution. It is dedicated to providing competitive and convenient financial services to its members, along with exceptional customer care. The credit union continuously aims to improve accessibility, efficiency, and convenience for its users. Its mission is to be viewed as the primary financial institution and a valued employee benefit within the Northwestern Mutual community, offering a diverse range of financial products to cater to its members' needs.


Official website here: www.mynmcu.com

Is Northwestern Mutual Credit Union legitimate?

Northwestern Mutual Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northwestern Mutual 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: $248,229
Professional Fundraising Fees: $0
Other Salaries and Wages: $872,946

For more financial information, click here


Official website here: www.mynmcu.com

What is the mission statement of Northwestern Mutual Credit Union?

Northwestern Mutual Credit Union is committed to providing competitive and convenient financial products to its community, with a focus on offering a diverse product mix that encourages members to view the credit union as their primary financial institution and a valued employee benefit. The credit union strives to maintain attractive rates and low fees while delivering a high level of personalized service. It continually works on improving ease of access, efficiency, and convenience for its members.


Official website here: www.mynmcu.com

Who is the CEO of Northwestern Mutual Credit Union?

Joseph Bukowski is the Chair of Northwestern Mutual Credit Union.


Official website here: www.mynmcu.com

What is the revenue of Northwestern Mutual Credit Union?

Northwestern Mutual Credit Union's revenue in 2022 was $5,385,608.


Official website here: www.mynmcu.com

Who are the executives of Northwestern Mutual Credit Union and what are their salaries?

There 15 volunteers at Northwestern Mutual Credit Union.


Here are 13 key members and their salaries:


Timothy Sternberg (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Fleming (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Ho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Koeberl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Sternberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Hopper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Niehaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Schroeder (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Ugent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chirstopher Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bukowski (President)
  • Compensation: $0
  • Related: $152,006
  • Other: $31,951
Jason Metallo (Vice President)
  • Compensation: $0
  • Related: $96,223
  • Other: $17,450


Official website here: www.mynmcu.com

Where can I find the form 990 for Northwestern Mutual Credit Union?

Northwestern Mutual Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mynmcu.com

Learn more at the official website: www.mynmcu.com

Mission Statement of Northwestern Mutual Credit Union

Northwestern Mutual Credit Union is dedicated to providing competitive and convenient financial products, alongside outstanding service, to its community. The credit union's mission is to strive for a diverse product mix that encourages its members to consider it their primary financial institution and a valuable employee benefit. By consistently offering attractive interest rates and low fees, as well as a high level of personalized service, Northwestern Mutual Credit Union aims to improve its members' financial well-being. Furthermore, the credit union continually works on enhancing accessibility, efficiency, and convenience for its members to ensure they have a seamless banking experience.

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Impact




October, 2024

Northwestern Mutual Credit Union plays a significant role in the Milwaukee community by offering competitive and convenient financial products tailored to meet the needs of the Northwestern Mutual community. By focusing on providing attractive rates and low fees, the credit union ensures that its members receive exceptional value while enjoying a high level of personalized service. This commitment not only enhances the financial well-being of its members but fosters strong relationships within the community.

The credit union continually strives to improve accessibility, efficiency, and convenience for its members, establishing itself as a primary financial institution for many. By doing so, it supports the financial health of its members and positions itself as a valued employee benefit, thereby enhancing overall member satisfaction and trust. Ultimately, Northwestern Mutual Credit Union's impact can be seen in its dedication to empowering its members with the necessary resources and support to achieve their financial goals.




This information is meant to be a general summary of Northwestern Mutual 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.

Revenue
$5,385,608 (2022)
Expenses
$4,201,985 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,523,822
  • Program Service Revenue: $3,861,786
  • Gross Receipts: $5,385,608

Assets and Liabilities:

  • Total Assets: $244,642,981
  • Total Liabilities: $222,564,697
  • Net Assets: $22,078,284

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$3,282,509

FEE INCOME

Revenue

$483,561

OTHER OPERATING INCOME

Revenue

$95,716

Organization Details

Founding Year

1933

Principal Officer

Joseph Bukowski

Main Address

720 E WISCONSIN AVENUE, MILWAUKEE, WI, 53202

NTEE Category

Code: W60 - Public benefit

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