Overview
What is Governmental Employees Credit Union?
Governmental Employees Credit Union is a nonprofit, member-owned financial institution situated in La Crosse, Wisconsin. Established with the primary mission to serve individuals, the credit union funded 1,418 loans in 2022. As of December 31, 2022, it managed 631 mortgages, 2,875 consumer loans, and 15 member business loans. Additionally, the credit union administered 991 credit card accounts. With a team of 22 employees, Governmental Employees Credit Union offers various financial services to its members, ensuring they can access and manage their finances effectively.
Official website here: www.gecuwi.com
Is Governmental Employees Credit Union legitimate?
Governmental Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Governmental Employees 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: $125,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $655,822
For more financial information, click here
Official website here: www.gecuwi.com
What is the mission statement of Governmental Employees Credit Union?
The Governmental Employees Credit Union is a non-profit organization, owned and operated by its members. Its primary mission is to offer financial services to individuals, acting as a thrift institution. The credit union funded a significant number of loans in 2022, including mortgages, consumer loans, and business loans for its members. As of December 31, 2022, the credit union managed 631 mortgages, 2,875 consumer loans, 15 business loans, and 991 credit card accounts. Overall, the Governmental Employees Credit Union operates with the aim of providing essential financial services to its member base.
Official website here: www.gecuwi.com
Who is the CEO of Governmental Employees Credit Union?
Travis Carley is the Chair of Governmental Employees Credit Union.
Official website here: www.gecuwi.com
What is the revenue of Governmental Employees Credit Union?
Governmental Employees Credit Union's revenue in 2022 was $3,521,998.
Official website here: www.gecuwi.com
Who are the executives of Governmental Employees Credit Union and what are their salaries?
The average compensation at Governmental Employees Credit Union during 2022 was $35,526. There are 22 employees at Governmental Employees Credit Union.
Here are 6 key members and their salaries:
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $119,750
- Related: $0
- Other: $39,406
Official website here: www.gecuwi.com
Where can I find the form 990 for Governmental Employees Credit Union?
Governmental Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gecuwi.com
Learn more at the official website: www.gecuwi.com
Mission Statement of Governmental Employees Credit Union
Governmental Employees Credit Union, a nonprofit member-owned thrift institution, is committed to providing financial services to individuals. This organization's mission is to function as a cooperative, serving its members by offering various financial products and services. In 2022, Governmental Employees Credit Union funded 1,418 loans, demonstrating its dedication to helping its members with their financial needs. As of December 31, 2022, the credit union managed 631 mortgages, 2,875 consumer loans, and 15 member business loans. In addition, it maintained 991 credit card accounts, further showcasing its extensive range of financial services.
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Impact
October, 2024
Governmental Employees Credit Union (GECU) significantly impacts its community by offering essential financial services tailored to the needs of its members. In 2022, GECU funded 1,418 loans, demonstrating its commitment to supporting individuals in achieving their financial goals.
With a total of 631 mortgages, 2,875 consumer loans, and 15 member business loans, GECU plays a crucial role in facilitating homeownership, personal development, and the growth of local businesses. The organization also manages 991 credit card accounts, providing members with flexible credit options. Through these services, GECU fosters financial empowerment and stability within the community of La Crosse, Wisconsin, enhancing the quality of life for its members and contributing to the local economy.
This information is meant to be a general summary of Governmental Employees 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: $107,542
- Program Service Revenue: $3,413,484
- Gross Receipts: $3,521,998
Assets and Liabilities:
- Total Assets: $97,792,154
- Total Liabilities: $88,516,527
- Net Assets: $9,275,627
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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
$2,933,167
INTERCHANGE INCOME
Revenue
$168,657
OTHER OPERATING INCOME
Revenue
$147,437
FEE INCOME
Revenue
$127,327
INSURANCE SALES
Revenue
$36,896
Organization Details
Founding Year
1931
Phone
(888) 673-2154Principal Officer
Travis Carley
Main Address
225 LA CROSSE ST, LA CROSSE, WI, 546020579
Website
www.gecuwi.comNTEE Category
Code: W60 - Public benefit
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