Overview
What is Stoppenbach Credit Union?
Stoppenbach Credit Union is a nonprofit cooperative organization, established to promote savings among its members and provide them with accessible and reasonably priced credit options. This financial institution, with its headquarters in Jefferson, Wisconsin, had 524 members as of December 31, 2022. In line with its mission, the credit union expanded its deposit account offerings, opening 19 new accounts in the same year. The credit union's purpose is to contribute to the economic and social improvement of its members by offering financial services.
Is Stoppenbach Credit Union legitimate?
Stoppenbach Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Stoppenbach 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: $32,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,530
For more financial information, click here
What is the mission statement of Stoppenbach Credit Union?
The Stoppenbach Credit Union is established as a cooperative, non-profit corporation with a mission to encourage savings among its members, create a source of credit at affordable rates, and provide an opportunity for its members to enhance their economic and social conditions. This mission is aimed at serving its members by offering various deposit accounts and ensuring access to credit at reasonable costs, thereby contributing to their financial well-being. In 2022, the credit union expanded its deposit account offerings by opening 19 new accounts. As of December 31, 2022, the credit union had 524 members.
Who is the CEO of Stoppenbach Credit Union?
Joetta Furgason is the President of Stoppenbach Credit Union.
What is the revenue of Stoppenbach Credit Union?
Stoppenbach Credit Union's revenue in 2022 was $96,322.
Who are the executives of Stoppenbach Credit Union and what are their salaries?
The average compensation at Stoppenbach Credit Union during 2022 was $17,139. There are 2 employees and 7 volunteers at Stoppenbach Credit Union.
Here are 6 key members and their salaries:
- Compensation: $32,748
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Stoppenbach Credit Union?
Stoppenbach Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stoppenbach Credit Union
Stoppenbach Credit Union, established as a cooperative and non-profit corporation, is dedicated to encouraging savings among its members, creating a reliable source of credit at reasonable costs, and providing an opportunity for its members to enhance their economic and social conditions. This mission is aimed at empowering the credit union's members by fostering a savings culture and offering them access to affordable credit, thereby enabling them to improve their financial well-being.
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Impact
October, 2024
Stoppenbach Credit Union plays a vital role in the Jefferson community by fostering financial well-being among its members. By encouraging thrift and providing access to affordable credit, it creates a supportive environment for individuals to improve their economic and social conditions. In 2022 alone, Stoppenbach Credit Union opened 19 new deposit accounts, showcasing its commitment to expanding financial inclusion within its member base, which stood at 524 by the end of that year. Through various types of deposit accounts, the credit union enables members to save, invest, and manage their finances responsibly, thereby enhancing their overall quality of life.
This information is meant to be a general summary of Stoppenbach 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 2022.
- Investment Income: $1,170
- Program Service Revenue: $95,152
- Gross Receipts: $96,322
Assets and Liabilities:
- Total Assets: $1,843,425
- Total Liabilities: $1,397,455
- Net Assets: $445,970
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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
$94,166
MEMBER FEE INCOME
Revenue
$630
OTHER MEMBER RELATED INCOME
Revenue
$350
DMV/CVR FEE INCOME
Revenue
$6
Organization Details
Founding Year
1937
Phone
(920) 674-2325Principal Officer
Joetta Furgason
Main Address
318 WISCONSIN DRIVE, JEFFERSON, WI, 53549
NTEE Category
Code: W60 - Public benefit
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