Cone Credit Union

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

EIN: 391137123 ✦ Neenah, WI ✦ Designated as a 501(c)(14)

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Overview

What is Cone Credit Union?

Cone Credit Union is a nonprofit financial institution based in Neenah, Wisconsin, with a specific address at 219 W Cecil Street. As of June 30, 2021, it serves 1,410 members and opened 322 new deposit and retirement accounts during a recent fiscal year. The credit union's primary mission is to improve its members' financial futures, which it continually strives to achieve. The credit union offers deposit and investment accounts to its members. As of now, there are seven dedicated employees working at the credit union.


Official website here: www.conecu.org

Is Cone Credit Union legitimate?

Cone Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cone 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: $57,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,890

For more financial information, click here


Official website here: www.conecu.org

What is the mission statement of Cone Credit Union?

The mission of Cone Credit Union, as stated, is to continually work towards improving the financial future of its members. This is achieved through various financial services such as deposit transactions and investment accounts. The credit union actively opens new accounts, with 322 new deposit and retirement accounts opened during a recent fiscal year. The focus is on bettering the financial well-being of its members, ensuring they have the necessary financial tools to prosper.


Official website here: www.conecu.org

Who is the CEO of Cone Credit Union?

Paul Hauffe is the President of Cone Credit Union.


Official website here: www.conecu.org

What is the revenue of Cone Credit Union?

Cone Credit Union's revenue in 2021 was $408,194.


Official website here: www.conecu.org

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

The average compensation at Cone Credit Union during 2021 was $24,707. There are 7 employees at Cone Credit Union.


Here are 6 key members and their salaries:


Michael Mehlberg (President)
  • Compensation: $57,060
  • Related: $0
  • Other: $0
Vernon Green (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hauffe (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Radtke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Weyenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wichman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.conecu.org

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

Cone Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.conecu.org

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

Mission Statement of Cone Credit Union

Cone Credit Union is committed to improving the financial futures of its members. With this mission in mind, the credit union consistently strives to provide services that cater to their members' deposit and investment needs. As of June 30, 2021, the credit union has over 1,410 members and opened 322 new deposit and retirement accounts during a recent fiscal year. This demonstrates their dedication to expanding their services and offering financial solutions to a growing membership base.

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Impact




October, 2024

Cone Credit Union plays a significant role in enhancing the financial well-being of its members in Neenah, WI. With a commitment to improving financial futures, the organization has successfully fostered a vibrant community of 1,410 members, as of June 30, 2021. In the recent fiscal year, Cone Credit Union opened 322 new deposit and retirement accounts, reflecting its proactive approach to helping individuals and families save and invest for their future. Through a variety of deposit transaction and investment accounts, Cone Credit Union empowers its members to achieve their financial goals, promoting economic stability and growth within the community.




This information is meant to be a general summary of Cone 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
$408,194 (2021)
Expenses
$428,207 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $43,141
  • Program Service Revenue: $365,434
  • Gross Receipts: $408,194

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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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

$326,096

MEMBER ACCOUNT CARD FEE

Revenue

$31,274

MISC INCOME

Revenue

$6,856

INSURANCE SALES

Revenue

$1,208

Organization Details

Founding Year

1959

Principal Officer

Paul Hauffe

Main Address

219 W CECIL STREET, NEENAH, WI, 54956

NTEE Category

Code: W60 - Public benefit

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