Holy Family Memorial Credit Union

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

EIN: 391041954 ✦ Manitowoc, WI ✦ Designated as a 501(c)(14)

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Overview

What is Holy Family Memorial Credit Union?

Holy Family Memorial Credit Union is a member-owned and managed financial institution situated in Manitowoc, Wisconsin. With a closed charter, its mission is to cater to its members' financial requirements, providing quality service at an affordable cost while ensuring long-term financial stability. The credit union offers various deposit accounts and opened 97 new ones in 2022, currently serving a membership of 1,613 individuals. The credit union's team consists of six dedicated professionals, demonstrating its commitment to its members.


Official website here: www.hfmcu.org

Is Holy Family Memorial Credit Union legitimate?

Holy Family Memorial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Holy Family Memorial 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: $84,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,681

For more financial information, click here


Official website here: www.hfmcu.org

What is the mission statement of Holy Family Memorial Credit Union?

Holy Family Memorial Credit Union, as a member-owned and directed institution, is committed to serving its members' financial needs effectively. Their mission is to provide quality service at the best value, ensuring financial stability, with the aim of being a reliable resource for their members both currently and in the future. The credit union strives to meet its members' financial needs through various deposit account options, as demonstrated by the opening of 97 new deposit accounts in 2022, and as of December 31, 2022, boasting a membership of 1,613 individuals.


Official website here: www.hfmcu.org

Who is the CEO of Holy Family Memorial Credit Union?

Joel Strozewski is the Pres (Partia of Holy Family Memorial Credit Union.


Official website here: www.hfmcu.org

What is the revenue of Holy Family Memorial Credit Union?

Holy Family Memorial Credit Union's revenue in 2022 was $473,046.


Official website here: www.hfmcu.org

Who are the executives of Holy Family Memorial Credit Union and what are their salaries?

The average compensation at Holy Family Memorial Credit Union during 2022 was $32,699. There are 6 employees and 8 volunteers at Holy Family Memorial Credit Union.


Here are 10 key members and their salaries:


Joel Strozewski (Pres (Partia)
  • Compensation: $56,596
  • Related: $0
  • Other: $6,507
Jonathan Roepke (Pres (Partia)
  • Compensation: $27,292
  • Related: $0
  • Other: $8,109
Rebecca Schleis (Secretary)
  • Compensation: $200
  • Related: $0
  • Other: $0
Sandy Brooks (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Diane Freiberg (Chair)
  • Compensation: $100
  • Related: $0
  • Other: $0
Eileen Maney (Vice Chair)
  • Compensation: $100
  • Related: $0
  • Other: $0
Kay Stecker (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Jill Rauber (Prior Chair)
  • Compensation: $25
  • Related: $0
  • Other: $0
John Konicek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Krepline (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hfmcu.org

Where can I find the form 990 for Holy Family Memorial Credit Union?

Holy Family Memorial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hfmcu.org

Learn more at the official website: www.hfmcu.org

Mission Statement of Holy Family Memorial Credit Union

Holy Family Memorial Credit Union, as a member-owned and directed entity, is dedicated to fulfilling the financial requirements of its members. Their mission is to deliver top-notch service at the most competitive prices, all while ensuring financial stability. The credit union aims to be a reliable and enduring resource for its members, serving their needs both now and in the future.

Holy Family Memorial Credit Union's operations are centered around meeting the financial needs of its members effectively. This is achieved through a commitment to quality service and offering the best value possible. The credit union's operations are driven by its desire to establish a long-term relationship with its members, aiming to be a dependable financial partner for many years to come.

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Impact




October, 2024

Holy Family Memorial Credit Union significantly influences the financial well-being of its community in Manitowoc, WI. With a dedicated focus on meeting the financial needs of its members, the credit union offers various types of deposit accounts designed to provide value and quality service. In 2022, the institution opened 97 new deposit accounts, reflecting its commitment to expanding access to financial resources for its 1,613 members.

The member-owned and directed structure ensures that decisions are made with the best interests of the community in mind, fostering a sense of trust and belonging among members. By prioritizing financial stability and quality service, Holy Family Memorial Credit Union plays a crucial role in the local economy, empowering individuals and families to achieve their financial goals and contribute positively to the community now and in the future.




This information is meant to be a general summary of Holy Family Memorial 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
$473,046 (2022)
Expenses
$412,192 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $117,788
  • Program Service Revenue: $352,281
  • Gross Receipts: $473,046

Assets and Liabilities:

  • Total Assets: $17,977,082
  • Total Liabilities: $16,157,450
  • Net Assets: $1,819,632

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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

$307,762

MEMBER FEE INCOME

Revenue

$36,538

OTHER MEMBER RELATED INCOME

Revenue

$7,081

VEHICLE WARRANTY INSURANCE

Revenue

$900

Organization Details

Founding Year

1961

Principal Officer

Joel Strozewski

Main Address

PO BOX 37, MANITOWOC, WI, 54221

NTEE Category

Code: W60 - Public benefit

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