Overview
What is Mg& E Credit Union?
Mg& E Credit Union is a financial institution based in Madison, Wisconsin, specifically at 5325 High Crossing Blvd, ZIP code 53718. Established with a mission to deliver prompt, competitive, and quality financial services to its members in a friendly and professional manner, the credit union maintains a commitment to sound growth and financial stability. As of July 31, 2021, they had 519 members, and in the year 2021, they expanded their offerings by opening two new deposit accounts. The credit union's services are member-oriented, aiming to cater to the financial needs of its community in a responsible and efficient manner.
Is Mg& E Credit Union legitimate?
Mg& E Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mg& E 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: $9,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,743
For more financial information, click here
What is the mission statement of Mg& E Credit Union?
Mg&E Credit Union is committed to delivering prompt, competitive, and high-quality financial services to its members in a friendly and professional manner. This mission is carried out while ensuring sound growth and financial stability for the organization. The credit union provides various deposit account options for its members and expanded its offerings by introducing two new accounts in 2021. As of July 31, 2021, the credit union had 519 members.
Who is the CEO of Mg& E Credit Union?
Sally Dischler is the President of Mg& E Credit Union.
What is the revenue of Mg& E Credit Union?
Mg& E Credit Union's revenue in 2021 was $58,211.
Who are the executives of Mg& E Credit Union and what are their salaries?
The average compensation at Mg& E Credit Union during 2021 was $8,809. There are 3 employees and 7 volunteers at Mg& E Credit Union.
Here are 8 key members and their salaries:
- Compensation: $9,683
- Related: $0
- Other: $2,061
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mg& E Credit Union?
Mg& E Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mg& E Credit Union
Mg&E Credit Union, with a mission deeply rooted in its operations, strives to offer prompt, competitive, and high-quality financial services to its members in a friendly and professional manner. The credit union is committed to maintaining sound growth and financial stability, ensuring that it can continue to serve its members effectively. By providing various deposit account options, Mg&E Credit Union aims to cater to the diverse financial needs of its members. In 2021, the credit union expanded its offerings by introducing two new deposit accounts, demonstrating its dedication to meeting the evolving financial requirements of its members. As of July 31, 2021, Mg&E Credit Union boasted a membership of 519 individuals, reflecting its growing influence and appeal in the financial services sector.
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Impact
October, 2024
Mg& E Credit Union plays a significant role in the Madison, WI community by providing prompt and competitive financial services tailored to its members' needs. With a focus on quality service, the credit union offers various types of deposit accounts, demonstrating its commitment to meeting the financial needs of its 519 members as of mid-2021.
Their mission emphasizes maintaining sound growth and financial stability, ensuring that members can trust in the credit union's long-term viability. This dedication to professionalism and friendly service fosters a supportive financial environment for individuals and families in the area, contributing to the overall economic health of the community. By focusing on public benefit, Mg& E Credit Union empowers its members, helping them achieve their financial goals while promoting responsible banking practices.
This information is meant to be a general summary of Mg& E 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 2021.
- Investment Income: $1,771
- Program Service Revenue: $56,440
- Gross Receipts: $58,211
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
$56,158
MEMBER FEE INCOME
Revenue
$282
Organization Details
Founding Year
1933
Phone
(608) 282-7000Principal Officer
Sally Dischler
Main Address
5325 HIGH CROSSING BLVD, MADISON, WI, 53718
NTEE Category
Code: W60 - Public benefit
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