Overview
What is New Credit Union?
New Credit Union is a member-owned financial cooperative, established in Oconto Falls, Wisconsin, specifically at 301 Jackson St, with a mission to provide exceptional service, financial stability, and community engagement to its members. As of December 31, 2022, the credit union boasts a membership of 12,323 members, managing a total of 28,117 deposit accounts. Their mission is to offer personalized, convenient, and quality services to help members achieve their financial goals while protecting their assets and encouraging financial education. The nonprofit credit union, with a workforce of 45 employees, is actively involved in the communities where its members reside and work.
Official website here: www.newcu.org
Is New Credit Union legitimate?
New Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. New 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: $131,827
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,482,302
For more financial information, click here
Official website here: www.newcu.org
What is the mission statement of New Credit Union?
New Credit Union, functioning as a member-owned financial cooperative, is committed to delivering exceptional service to its member-owners. The mission involves offering a range of personalized, convenient, and high-quality financial services, assisting members in achieving their financial goals. The cooperative also prioritizes protecting the assets of its members and ensuring the financial stability of the credit union. It advocates for continuous financial education and provides enrichment opportunities, actively engaging in the communities where its members reside and work. As a non-profit entity, its mission is to serve its members' best interests, as outlined in its Schedule O.
Official website here: www.newcu.org
Who is the CEO of New Credit Union?
Lisa Gilligan is the Ceo of New Credit Union. The CEO's salary of New Credit Union is $132,000 and their total compensation is $143,088.
Official website here: www.newcu.org
What is the revenue of New Credit Union?
New Credit Union's revenue in 2022 was $4,944,491.
Official website here: www.newcu.org
Who are the executives of New Credit Union and what are their salaries?
The average compensation at New Credit Union during 2022 was $35,870. There are 45 employees and 10 volunteers at New Credit Union.
Here are 8 key members and their salaries (New Credit Union's CEO's salary is $132,000 and their total compensation is $143,088):
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- Compensation: $132,000
- Related: $0
- Other: $11,088
Official website here: www.newcu.org
Where can I find the form 990 for New Credit Union?
New Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newcu.org
Learn more at the official website: www.newcu.org
Mission Statement of New Credit Union
New Credit Union, as a non-profit financial cooperative, is committed to providing exceptional service to its member-owners. Its mission is to offer a variety of personalized, convenient, and quality services aimed at helping members achieve their financial goals. The credit union also prioritizes protecting the assets of its member-owners and ensuring the financial stability of the institution. Furthermore, New Credit Union actively serves the communities where its members reside and work, emphasizing the importance of continuing financial education and enrichment.
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Impact
October, 2024
New Credit Union plays a vital role in the financial well-being of its community. As a member-owned financial cooperative, it is dedicated to providing exceptional service to its member owners, who benefit from a wide range of personalized and convenient financial services. With a commitment to helping members reach their financial goals, the credit union offers various types of deposit accounts tailored to meet diverse needs.
As of December 31, 2022, New Credit Union served 12,323 members and managed 28,117 deposit accounts, underscoring its significant presence in Oconto Falls, Wisconsin. Its mission encompasses not just financial services but also the protection of member assets and the assurance of financial stability.
Furthermore, New Credit Union emphasizes the importance of ongoing financial education and enrichment, empowering its members with the knowledge they need for informed financial decisions. By actively engaging with the local community, the credit union enhances both personal and collective financial health, demonstrating its commitment to the public benefit.
This information is meant to be a general summary of New 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: $906,982
- Program Service Revenue: $4,037,509
- Gross Receipts: $4,944,491
Assets and Liabilities:
- Total Assets: $157,501,597
- Total Liabilities: $143,623,206
- Net Assets: $13,878,391
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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
$2,850,199
Other Member Revenue
Revenue
$784,460
Member Fee Revenue
Revenue
$402,850
Nonmmbr fees ATM & Ck cashin
Nonmbr CVR DMV Revenue
Organization Details
Founding Year
1962
Phone
(920) 347-1742Principal Officer
Lisa Gilligan
Main Address
301 Jackson St, Oconto Falls, WI, 54154
Website
www.newcu.orgNTEE Category
Code: W60 - Public benefit
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