Northwoods Community Credit Union

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

EIN: 391020766 ✦ Park falls, WI ✦ Designated as a 501(c)(14)

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Overview

What is Northwoods Community Credit Union?

Northwoods Community Credit Union is a financial institution located in Park Falls, Wisconsin, specifically at PO Box 369. As a credit union, it prioritizes the financial security and exceptional service for its members. In 2022, the credit union expanded its membership base by opening 1,197 new deposit accounts, increasing its member count to 8,564 as of December 31, 2022. With a workforce of 32 employees, Northwoods Community Credit Union offers various deposit account options to its members.


Official website here: www.northwoodscu.com

What do the Facebook reviews say about Northwoods Community Credit Union?

84% of 20 reviewers on Facebook recommend Northwoods Community Credit Union. Here is a summary of their reviews:

While some users express dissatisfaction, particularly highlighting poor customer service and negative experiences related to discrimination, there are also indications that others may have had more positive interactions. Specifically, the sentiments expressed in the reviews reveal a stark division, with strong criticism surrounding customer support and treatment based on ethnicity. This suggests that while some find value in their services, others feel very let down and believe that the institution does not live up to its responsibilities.

Overall, the reviews point to a concerning trend regarding the quality of service, which may impact the perception of the organization within the community. Future customers might want to consider these aspects when deciding whether to utilize the services provided by this credit union.


This AI summary has been generated from reviews found on Facebook.

Is Northwoods Community Credit Union legitimate?

Northwoods Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northwoods Community 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: $239,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $843,905

For more financial information, click here


Official website here: www.northwoodscu.com

What is the mission statement of Northwoods Community Credit Union?

Northwoods Community Credit Union is committed to providing financial security and exceptional service to its members. This mission is reflected in their daily operations, as they offer various deposit accounts to cater to their members' needs. In 2022, they expanded their member base by opening 1,197 new deposit accounts. As of December 31, 2022, the credit union served a membership of 8,564 individuals. The credit union's focus on financial security and outstanding service aims to provide a solid financial foundation for its members, fostering financial stability and well-being.


Official website here: www.northwoodscu.com

Who is the CEO of Northwoods Community Credit Union?

Sally Zoesch is the President/Ce of Northwoods Community Credit Union.


Official website here: www.northwoodscu.com

What is the revenue of Northwoods Community Credit Union?

Northwoods Community Credit Union's revenue in 2022 was $3,391,900.


Official website here: www.northwoodscu.com

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

The average compensation at Northwoods Community Credit Union during 2022 was $33,860. There are 32 employees and 20 volunteers at Northwoods Community Credit Union.


Here are 10 key members and their salaries:


Sally Zoesch (President/Ce)
  • Compensation: $99,443
  • Related: $0
  • Other: $44,982
Teresa Gehrman (Exec Vice Pr)
  • Compensation: $84,347
  • Related: $0
  • Other: $38,301
Mirand Wachowski (Vp Lending)
  • Compensation: $55,823
  • Related: $0
  • Other: $4,429
Chris Simon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Strand (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Cooley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Morgan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Isham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Braun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Euclide (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northwoodscu.com

Where can I find the form 990 for Northwoods Community Credit Union?

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


Official website here: www.northwoodscu.com

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

Mission Statement of Northwoods Community Credit Union

Northwoods Community Credit Union, a financial institution, is dedicated to providing financial security and exceptional service to its members. This mission is encapsulated in its everyday activities, aiming to cater to the financial needs of its members effectively. The credit union offers various deposit accounts to its members, with 1,197 new deposit accounts being opened in 2022 alone. As of December 31, 2022, Northwoods Community Credit Union boasts a membership base of 8,564 individuals, reflecting its success in fulfilling its mission. By prioritizing the financial security and exceptional service of its members, Northwoods Community Credit Union distinguishes itself as a reliable and member-centric financial institution.

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Impact




October, 2024

Northwoods Community Credit Union significantly enhances financial security and delivers exceptional service to its members in Park Falls, WI. With a mission focused on the needs of its community, the credit union has established a robust range of deposit accounts, making financial management accessible to many. In 2022 alone, Northwoods opened 1,197 new deposit accounts, reflecting its commitment to growing and supporting its membership base, which reached 8,564 members by the end of the year. This impact not only helps individuals and families secure their financial futures but also fosters a sense of community and trust among members. By prioritizing outstanding service, Northwoods Community Credit Union plays a vital role in promoting economic well-being in the region.




This information is meant to be a general summary of Northwoods Community 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
$3,391,900 (2022)
Expenses
$3,030,402 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $225,211
  • Program Service Revenue: $3,146,553
  • Gross Receipts: $3,503,076

Assets and Liabilities:

  • Total Assets: $94,055,781
  • Total Liabilities: $85,894,709
  • Net Assets: $8,161,072

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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

$2,407,264

OTHER MEMBER RELATED REVENUE

Revenue

$420,686

MEMBER FEE INCOME

Revenue

$313,614

FEE & INSURANCE INCOME

Revenue

$4,989

Organization Details

Founding Year

1953

Principal Officer

Sally Zoesch

Main Address

PO BOX 369, PARK FALLS, WI, 54552

NTEE Category

Code: W60 - Public benefit

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