Meadowland Credit Union

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

EIN: 396063437 ✦ Sheboygan falls, WI ✦ Designated as a 501(c)(14)

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Overview

What is Meadowland Credit Union?

Meadowland Credit Union is a financial institution situated in Sheboygan Falls, Wisconsin, with a specific focus on serving its members. Established in 2022, the credit union funded 303 loans in its inaugural year, with a diverse portfolio consisting of mortgage/home equity lines, consumer loans, and credit cards, totaling 128 as of December 31, 2022. The credit union's primary mission is to cater to its members' financial needs, both present and future. As of the end of 2022, Meadowland Credit Union employed a team of 10 individuals to ensure efficient service delivery.


Official website here: www.meadowlandcu.org

What do the Facebook reviews say about Meadowland Credit Union?

94% of the 14 reviewers on Facebook recommend Meadowland Credit Union. Here is a summary of their reviews:

Many users praise the exceptional service they receive, often stating that it surpasses what larger banks offer. Reviewers consistently highlight the friendly and personalized approach of the staff, creating a welcoming environment that resonates well with members.

Overall, it’s clear that the credit union effectively meets the needs of its members, fostering a strong sense of community and customer satisfaction. The positive sentiment is evident, with several reviews noting that customers feel valued and appreciated in their interactions.


This AI summary has been generated from reviews found on Facebook.

Is Meadowland Credit Union legitimate?

Meadowland Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Meadowland 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: $92,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $238,353

For more financial information, click here


Official website here: www.meadowlandcu.org

What is the mission statement of Meadowland Credit Union?

Meadowland Credit Union's primary mission is centered around providing necessary financial services to cater to its members' current and future needs. This mission is evident in their actions, as they approved 303 loans in 2022. As of December 31, 2022, they managed a portfolio of 200 mortgage and home equity lines, 870 consumer loans, and 128 credit cards. The credit union strives to meet its members' financial needs comprehensively, demonstrating its commitment to its mission.


Official website here: www.meadowlandcu.org

Who is the CEO of Meadowland Credit Union?

David Horner is the President of Meadowland Credit Union.


Official website here: www.meadowlandcu.org

What is the revenue of Meadowland Credit Union?

Meadowland Credit Union's revenue in 2022 was $1,143,360.


Official website here: www.meadowlandcu.org

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

The average compensation at Meadowland Credit Union during 2022 was $33,112. There are 10 employees and 5 volunteers at Meadowland Credit Union.


Here are 7 key members and their salaries:


Perry Hartman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Evraets (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Coulson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Stokdyk (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Abts (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Herzfeldt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Horner (President)
  • Compensation: $92,770
  • Related: $0
  • Other: $14,267


Official website here: www.meadowlandcu.org

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

Meadowland Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meadowlandcu.org

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

Mission Statement of Meadowland Credit Union

Meadowland Credit Union, as stated in its mission, is dedicated to delivering primary financial services that cater to the current and future needs of its members. The union's primary objective is to provide financial solutions that are tailored to the requirements of its members, ensuring their financial well-being and security.

Throughout 2022, Meadowland Credit Union demonstrated its commitment to this mission by funding 303 loans. This financial support extended to both mortgage/home equity lines and consumer loans, totaling 200 and 870 respectively, as of December 31, 2022. Moreover, the credit union also provided 128 credit cards to its members, further expanding its range of financial services. This diverse portfolio of financial products demonstrates Meadowland Credit Union's commitment to meeting the varied financial needs of its members.

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Impact




October, 2024

Meadowland Credit Union plays a significant role in the financial landscape of Sheboygan Falls, WI, by offering essential financial services that cater to the needs of its members. In 2022, the credit union funded 303 loans, demonstrating its commitment to supporting personal and home financing for the community. As of December 31, 2022, Meadowland Credit Union had 200 mortgage and home equity lines, along with 870 consumer loans and 128 credit cards, which collectively empower members to achieve their financial goals. By focusing on providing accessible financial products, Meadowland Credit Union contributes to the economic well-being and stability of the community it serves.




This information is meant to be a general summary of Meadowland 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
$1,143,360 (2022)
Expenses
$1,075,817 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $67,861
  • Program Service Revenue: $1,075,499
  • Gross Receipts: $1,143,360

Assets and Liabilities:

  • Total Assets: $32,208,574
  • Total Liabilities: $29,765,815
  • Net Assets: $2,442,759

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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

$874,291

Insurance Sales

Revenue

$4,662

Member Acct/Card Fees

Revenue

$179,232

Other Member Fee Inc

Revenue

$16,378

Non-Member ATM Fees

Revenue

$936

Organization Details

Founding Year

1957

Principal Officer

David Horner

Main Address

1040 N Main St, Sheboygan Falls, WI, 53085

NTEE Category

Code: W60 - Public benefit

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