Overview
What is Nekoosa Credit Union?
Nekoosa Credit Union is a community-focused financial institution, functioning as a cooperative. Its primary mission is to offer affordable and fee-free financial services to its members. Beyond financial assistance, Nekoosa Credit Union also extends its support to local charities and manages a scholarship program. As a responsible corporate citizen, the credit union is committed to giving back to its community.
Official website here: www.nekoosacu.com
Is Nekoosa Credit Union legitimate?
Nekoosa Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Nekoosa 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: $113,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,435
For more financial information, click here
Official website here: www.nekoosacu.com
What is the mission statement of Nekoosa Credit Union?
Nekoosa Credit Union's mission, as a financial services cooperative, is to offer financial-related assistance to its membership. It prioritizes supporting local charities and maintains a scholarship program. Furthermore, Nekoosa Credit Union is committed to providing its members with affordable and fee-free services.
Official website here: www.nekoosacu.com
What is the revenue of Nekoosa Credit Union?
Nekoosa Credit Union's revenue in 2023 was $1,254,521.
Official website here: www.nekoosacu.com
Who are the executives of Nekoosa Credit Union and what are their salaries?
The average compensation at Nekoosa Credit Union during 2023 was $56,011. There are 5 employees and 6 volunteers at Nekoosa Credit Union.
Here are 7 key members and their salaries:
- Compensation: $103,200
- Related: $0
- Other: $8,664
- Compensation: $2,836
- Related: $0
- Other: $2,836
- Compensation: $2,216
- Related: $0
- Other: $2,216
- Compensation: $1,584
- Related: $0
- Other: $1,584
- Compensation: $1,408
- Related: $0
- Other: $1,408
- Compensation: $1,408
- Related: $0
- Other: $1,408
- Compensation: $968
- Related: $0
- Other: $968
Official website here: www.nekoosacu.com
Where can I find the form 990 for Nekoosa Credit Union?
Nekoosa Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nekoosacu.com
Learn more at the official website: www.nekoosacu.com
Mission Statement of Nekoosa Credit Union
Nekoosa Credit Union, as a financial services cooperative, is dedicated to serving its membership by providing various financial-related assistance. Its mission is centered around offering support in this realm, with a focus on maintaining affordability and accessibility through low-cost and no-fee services. Beyond its financial commitments, Nekoosa Credit Union also contributes to the community by supporting local charities and implementing a scholarship program. By doing so, the credit union demonstrates its commitment to fostering both financial stability and community development for its members.
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Impact
October, 2024
Nekoosa Credit Union plays a significant role in its community by operating as a financial services cooperative that prioritizes the needs of its members. By providing a variety of financial services, it supports individuals and families in managing their finances effectively.
The credit union is dedicated to enhancing the local community through its contributions to local charities, fostering a spirit of giving and support among its members. Additionally, Nekoosa Credit Union invests in the future of the community by maintaining a scholarship program, which aids local students in pursuing their education.
Their commitment to offering low-cost and no-fee financial services further empowers members by minimizing financial barriers and promoting financial stability. Nekoosa Credit Union’s mission and activities collectively support public benefit, strengthening the overall economic health of Nekoosa, WI, while enriching the lives of its members and the broader community.
This information is meant to be a general summary of Nekoosa 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 2023.
- Investment Income: $859,518
- Program Service Revenue: $395,003
- Gross Receipts: $1,254,521
Assets and Liabilities:
- Total Assets: $28,962,515
- Total Liabilities: $25,411,877
- Net Assets: $3,550,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Income
Revenue
$344,576
Fee Income
Revenue
$19,535
Other Income
Revenue
$30,892
Organization Details
Founding Year
1935
Principal Officer
Michael Diercks
Website
www.nekoosacu.comNTEE Category
Code: W60 - Public benefit
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