Overview
What is Sheboygan Area Credit Union?
Sheboygan Area Credit Union is a member-owned financial institution dedicated to offering efficient and innovative financial services and products. Aligned with credit union philosophy, the credit union safeguards its members' deposits while extending loans to them. The organization's mission is to serve its members effectively, ensuring that their financial needs are met with progressive solutions.
Is Sheboygan Area Credit Union legitimate?
Sheboygan Area Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sheboygan Area 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: $205,645
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,896
For more financial information, click here
What is the mission statement of Sheboygan Area Credit Union?
Sheboygan Area Credit Union's mission is centered around providing efficient and forward-thinking financial services and products to its member-owners, in line with the principles of credit unions. The credit union operates by managing its members' deposits and extending loans to them, adhering to the cooperative philosophy of credit unions.
Who is the CEO of Sheboygan Area Credit Union?
Robert Walleser is the Chairperson of Sheboygan Area Credit Union.
What is the revenue of Sheboygan Area Credit Union?
Sheboygan Area Credit Union's revenue in 2021 was $2,747,095.
Who are the executives of Sheboygan Area Credit Union and what are their salaries?
The average compensation at Sheboygan Area Credit Union during 2021 was $28,290. There are 26 employees and 5 volunteers at Sheboygan Area Credit Union.
Here are 7 key members and their salaries:
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- Compensation: $115,079
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- Other: $23,768
- Compensation: $90,566
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- Other: $19,268
Where can I find the form 990 for Sheboygan Area Credit Union?
Sheboygan Area Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Sheboygan Area Credit Union
Sheboygan Area Credit Union is committed to delivering efficient and forward-thinking financial services and products to its member-owners, aligning with the principles of credit unions. The credit union's primary objective is to manage deposits and offer loans to its members, adhering to the philosophy that defines credit unions. In essence, Sheboygan Area Credit Union serves as a financial partner to its members, providing them with the necessary financial tools and resources to manage their finances effectively.
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Impact
October, 2024
Sheboygan Area Credit Union significantly impacts the community by offering efficient and progressive financial services tailored to the needs of its owner-members. By holding deposits and making loans, the credit union fosters economic growth within Sheboygan, WI, enhancing financial stability for individuals and families. Their commitment to credit union philosophy ensures that members are at the forefront of every decision, promoting a sense of ownership and community involvement. Through personalized service and a focus on member well-being, Sheboygan Area Credit Union enhances local financial access and empowers individuals to achieve their financial goals.
This information is meant to be a general summary of Sheboygan Area 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 2021.
- Investment Income: $425,769
- Program Service Revenue: $2,312,446
- Gross Receipts: $2,747,095
Assets and Liabilities:
- Total Assets: $74,313,723
- Total Liabilities: $66,407,009
- Net Assets: $7,906,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$1,374,715
FEE INCOME
Revenue
$324,863
OTHER OPERATING INCOME
Revenue
$37,465
INSURANCE INCOME
Revenue
$7,825
MEMBER ACCT/CARD FEES
Revenue
$567,578
Organization Details
Founding Year
1954
Phone
(920) 459-5151Principal Officer
Robert Walleser
Main Address
1707 INDIANA AVENUE, SHEBOYGAN, WI, 53081
NTEE Category
Code: W60 - Public benefit
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