Overview
What is Duluth Fire Department Credit Union?
Duluth Fire Department Credit Union is a nonprofit organization situated in Duluth, Minnesota, specifically at 602 W 2nd Street. Their primary mission is to serve their members by offering competitive savings and vehicle loan rates. They accomplish this by utilizing the funds generated from these programs to further enhance their services. The credit union is staffed by a dedicated team of five employees, who are committed to providing excellent member service. Their activities are centered around financially supporting their members and ensuring they get the best returns on their investments.
Is Duluth Fire Department Credit Union legitimate?
Duluth Fire Department Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Duluth Fire Department 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: $17,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,681
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What is the mission statement of Duluth Fire Department Credit Union?
The Duluth Fire Department Credit Union's mission is centered around providing its members with optimal returns on their investments and competitive loan rates. This is achieved by utilizing the credit union's earnings to fund various programs. The employees of the credit union are dedicated to serving their members well, ensuring a satisfactory experience.
Who is the CEO of Duluth Fire Department Credit Union?
David J Torgerson is the Manager of Duluth Fire Department Credit Union.
What is the revenue of Duluth Fire Department Credit Union?
Duluth Fire Department Credit Union's revenue in 2022 was $177,221.
Who are the executives of Duluth Fire Department Credit Union and what are their salaries?
The average compensation at Duluth Fire Department Credit Union during 2022 was $11,089. There are 5 employees and 11 volunteers at Duluth Fire Department Credit Union.
Here are 6 key members and their salaries:
- Compensation: $17,763
- 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 Duluth Fire Department Credit Union?
Duluth Fire Department Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Duluth Fire Department Credit Union
The Duluth Fire Department Credit Union is committed to serving its members effectively. Their mission is to provide members with the best returns on their investments and competitive loan rates. To accomplish this, they utilize the proceeds from their operations to fund various programs. This approach ensures that the credit union is not only financially stable but also able to offer its members the best possible financial services.
The employees of Duluth Fire Department Credit Union play a crucial role in achieving this mission. They are dedicated to serving their members well, ensuring that the credit union operates efficiently and effectively. The salary expenses associated with these employees are a testament to the credit union's commitment to providing excellent service to its members.
In summary, Duluth Fire Department Credit Union is a credit union that is dedicated to its members' financial well-being. It accomplishes this by providing competitive returns on investments and loan rates, all while ensuring that its operations are financially stable. The credit union's employees are a key part of this mission, serving its members well and ensuring that the credit union operates efficiently and effectively.
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Impact
October, 2024
Duluth Fire Department Credit Union plays a significant role in enhancing the financial well-being of its members in Duluth, MN. By focusing on providing the best returns on investments and offering competitive loan rates, the credit union helps its members save money and access affordable financing options. The dedicated employees of the credit union ensure that members receive attentive service, fostering a strong sense of community and trust.
Through its savings programs and vehicle loans, the credit union not only promotes financial stability but also supports members in achieving their personal and financial goals. The proceeds from the credit union are reinvested into these programs, furthering its mission to benefit the members and strengthen the local economy. This commitment to member-focused service and sustainable financial practices makes Duluth Fire Department Credit Union a vital resource for its community.
This information is meant to be a general summary of Duluth Fire Department 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: $81,470
- Program Service Revenue: $95,751
- Gross Receipts: $177,221
Assets and Liabilities:
- Total Assets: $6,193,191
- Total Liabilities: $5,201,391
- Net Assets: $991,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM LOANS
Revenue
$95,751
Organization Details
Founding Year
1932
Phone
(218) 723-8357Principal Officer
David J Torgerson
Main Address
602 W 2ND STREET, DULUTH, MN, 55802
NTEE Category
Code: W60 - Public benefit
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