Public Service Credit Union

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

EIN: 390551185 ✦ Wausau, WI ✦ Designated as a 501(c)(14)

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Overview

What is Public Service Credit Union?

Public Service Credit Union is a nonprofit financial institution based in Wausau, Wisconsin. With a postal address at PO BOX 1854, the credit union aims to encourage savings among its members and provides them with various deposit account options. In 2022, the credit union expanded its membership base by opening 31 new deposit accounts. As of December 31, 2022, the credit union had 1,154 members. The organization's mission is to create a reliable source of credit at reasonable rates, while offering members an opportunity to improve their economic and social conditions. The credit union currently employs a small team of three individuals.


Official website here: www.pscu-wausau.com

Is Public Service Credit Union legitimate?

Public Service Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Public Service 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: $68,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,454

For more financial information, click here


Official website here: www.pscu-wausau.com

What is the mission statement of Public Service Credit Union?

The Public Service Credit Union's mission is geared towards encouraging savings among its members, establishing a reliable and reasonably priced source of credit, and providing an opportunity for each member to enhance their economic and social conditions. By offering various deposit accounts, the credit union aims to facilitate financial improvement for its members. In 2022, the credit union opened 31 new deposit accounts, demonstrating its commitment to its members' financial well-being.


Official website here: www.pscu-wausau.com

Who is the CEO of Public Service Credit Union?

Tina Machlan is the President of Public Service Credit Union.


Official website here: www.pscu-wausau.com

What is the revenue of Public Service Credit Union?

Public Service Credit Union's revenue in 2022 was $323,449.


Official website here: www.pscu-wausau.com

Who are the executives of Public Service Credit Union and what are their salaries?

The average compensation at Public Service Credit Union during 2022 was $43,376. There are 3 employees and 3 volunteers at Public Service Credit Union.


Here are 10 key members and their salaries:


Tina Machlan (President)
  • Compensation: $65,000
  • Related: $0
  • Other: $2,250
Kelly Zagrzebski (Vice Chair)
  • Compensation: $588
  • Related: $0
  • Other: $0
Amy Kopetzky (Secretary)
  • Compensation: $539
  • Related: $0
  • Other: $0
Jason Linzmaier (Director)
  • Compensation: $539
  • Related: $0
  • Other: $0
David Schneider (Treasurer)
  • Compensation: $539
  • Related: $0
  • Other: $0
Mathew Murphy (Chair)
  • Compensation: $490
  • Related: $0
  • Other: $0
Alexander Vedvick (Director)
  • Compensation: $392
  • Related: $0
  • Other: $0
Rick Kriesel (Director)
  • Compensation: $343
  • Related: $0
  • Other: $0
Mike Bosi (Secretary)
  • Compensation: $196
  • Related: $0
  • Other: $0
Korey Konietzki (Director)
  • Compensation: $49
  • Related: $0
  • Other: $0


Official website here: www.pscu-wausau.com

Where can I find the form 990 for Public Service Credit Union?

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


Official website here: www.pscu-wausau.com

Learn more at the official website: www.pscu-wausau.com

Mission Statement of Public Service Credit Union

Public Service Credit Union, in its mission, seeks to inspire its members to save more and create a reliable source of credit at reasonable rates. The credit union also aims to provide an opportunity for each of its members to enhance their economic and social well-being. By offering various deposit accounts and encouraging thrift, Public Service Credit Union empowers its members to improve their financial situations. In 2022, the credit union introduced 31 new deposit accounts, demonstrating its commitment to expanding its services and meeting the financial needs of its members. As of December 31, 2022, Public Service Credit Union boasted a membership of 1,154 individuals, further showcasing its impact on its community.

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Impact




October, 2024

Public Service Credit Union significantly impacts the community by encouraging financial responsibility and providing accessible credit options. By fostering a culture of thrift among its members, the credit union helps individuals and families build savings and achieve their financial goals.

In 2022 alone, the organization opened 31 new deposit accounts, demonstrating its commitment to expanding financial services to the community. With a membership base of 1,154 as of December 31, 2022, Public Service Credit Union is dedicated to enhancing the economic and social conditions of its members. Its mission centers on offering fair and reasonable access to credit, empowering members to improve their overall financial well-being. This commitment to member support and education positions the credit union as a vital resource in Wausau, WI, fostering economic stability and growth in the region.




This information is meant to be a general summary of Public Service 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
$323,449 (2022)
Expenses
$413,332 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $67,066
  • Program Service Revenue: $256,383
  • Gross Receipts: $323,449

Assets and Liabilities:

  • Total Assets: $12,351,342
  • Total Liabilities: $9,667,119
  • Net Assets: $2,684,223

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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

$250,496

OTHER MEMBER RELATED REVENUE

Revenue

$3,172

MEMBER FEE INCOME

Revenue

$2,715

Organization Details

Founding Year

1935

Principal Officer

Tina Machlan

Main Address

PO BOX 1854, WAUSAU, WI, 54402

NTEE Category

Code: W60 - Public benefit

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