Enterprise Credit Union

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

EIN: 390652280 ✦ Brookfield, WI ✦ Designated as a 501(c)(14)

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Overview

What is Enterprise Credit Union?

Enterprise Credit Union is a member-focused, not-for-profit cooperative, established with the purpose of promoting thrift among its members and providing them with a reliable source of credit at fair and reasonable rates. Located in Brookfield, Wisconsin, the credit union offers various deposit accounts and had 168 new account openings in 2022. As of December 31, 2022, the credit union boasted a membership of 3,432 individuals. The organization's mission is to improve the economic and social conditions of its members by offering financial services, fostering thrift, and creating opportunities for financial empowerment. The credit union is staffed by a team of 11 dedicated employees.


Official website here: www.enterprisecu.com

Is Enterprise Credit Union legitimate?

Enterprise Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Enterprise 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: $396,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,265

For more financial information, click here


Official website here: www.enterprisecu.com

What is the mission statement of Enterprise Credit Union?

Enterprise Credit Union is structured as a cooperative, not-for-profit corporation with a mission to encourage savings among its members, create an accessible source of credit at fair rates, and provide opportunities for its membership to enhance their economic and social conditions. This mission aims to serve its members by providing various deposit account options and fostering an environment that allows for financial improvement. In 2022, the credit union opened 168 new deposit accounts, indicating its growth and commitment to its members.


Official website here: www.enterprisecu.com

Who is the CEO of Enterprise Credit Union?

Jeff Bashaw is the CEO of Enterprise Credit Union The CEO's salary of Enterprise Credit Union is $215,969 and their total compensation is $226,921.


Official website here: www.enterprisecu.com

What is the revenue of Enterprise Credit Union?

Enterprise Credit Union's revenue in 2024 was $1,526,778.


Official website here: www.enterprisecu.com

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

The average compensation at Enterprise Credit Union during 2024 was $41,181. There are 12 employees and 6 volunteers at Enterprise Credit Union.

Here are 7 key members and their salaries (Enterprise Credit Union's CEO's salary is $215,969 and their total compensation is $226,921):


Betty Steinberger (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Moore (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Irwin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Jalosky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bashaw (President/Ceo)
  • Compensation: $215,969
  • Related: $0
  • Other: $10,952
Lynn Vohl (Cfo)
  • Compensation: $169,987
  • Related: $0
  • Other: $0


Official website here: www.enterprisecu.com

Where can I find the form 990 for Enterprise Credit Union?

Enterprise Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.enterprisecu.com

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

Mission Statement of Enterprise Credit Union

Enterprise Credit Union, as a cooperative and not-for-profit corporation, is committed to encouraging thrift among its members and creating a reliable source of credit at a fair and reasonable cost. By doing so, it provides its membership with an opportunity to enhance their economic and social conditions. The credit union's mission is centered around fostering a sense of financial responsibility and offering affordable credit solutions to its members, thereby contributing to their overall improvement and well-being.

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Impact




October, 2024

Enterprise Credit Union plays a significant role in supporting the financial well-being of its members in Brookfield, Wisconsin. By encouraging thrift and providing accessible credit, the credit union helps individuals manage their finances effectively. In 2022, the institution opened 168 new deposit accounts, highlighting its commitment to expanding financial access. With a growing membership base of 3,432 as of December 31, 2022, Enterprise Credit Union fosters a collaborative environment where members can improve their economic and social conditions. Through various types of deposit accounts and financial services, the credit union serves as a vital resource for the community, empowering individuals to achieve their financial goals.




This information is meant to be a general summary of Enterprise 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
$1,526,778 (2024)
Expenses
$2,444,921 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $341,989
  • Program Service Revenue: $1,184,789
  • Gross Receipts: $1,526,778

Assets and Liabilities:

  • Total Assets: $34,282,099
  • Total Liabilities: $33,240,929
  • Net Assets: $1,041,170

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Programs

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

INTEREST ON LOAN

Revenue

$998,345

MEMBER FEE INCOME

Revenue

$150,585

OTHER MEMBER RELATED R

Revenue

$31,809

FEE & INSURANCE INCOME

Revenue

$4,050

Organization Details

Founding Year

1935

Principal Officer

Jeff Bashaw

NTEE Category

Code: W60 - Public benefit

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