Overview
What is Danfoss Employees Credit Union?
Danfoss Employees Credit Union is a small nonprofit organization located at 14900 Technology Drive, Eden Prairie, Minnesota. With a single employee, the credit union is committed to serving its members by offering various deposit accounts and providing personalized financial guidance. In 2022, the credit union expanded its deposit account offerings by opening 14 new accounts. As of December 31, 2022, Danfoss Employees Credit Union had 388 members, indicating a growing community of individuals relying on their services. The organization prides itself on fostering close relationships with its members, safeguarding their assets, and offering financial advice with a personal touch.
Official website here: www.danfosscu.com
Is Danfoss Employees Credit Union legitimate?
Danfoss Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Danfoss 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: $67,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.danfosscu.com
What is the mission statement of Danfoss Employees Credit Union?
Danfoss Employees Credit Union's mission is centered around serving its members effectively. They strive to meet their members' needs by delivering personalized service, fostering close relationships, providing financial guidance, and safeguarding their assets. The credit union's approach is to establish a strong connection with its members, offering them guidance in financial matters while ensuring the security of their savings.
Official website here: www.danfosscu.com
Who is the CEO of Danfoss Employees Credit Union?
Ann Healey-Allen is the President/Ce of Danfoss Employees Credit Union.
Official website here: www.danfosscu.com
What is the revenue of Danfoss Employees Credit Union?
Danfoss Employees Credit Union's revenue in 2022 was $150,110.
Official website here: www.danfosscu.com
Who are the executives of Danfoss Employees Credit Union and what are their salaries?
The average compensation at Danfoss Employees Credit Union during 2022 was $67,062. There is 1 employee and 10 volunteers at Danfoss Employees Credit Union.
Here are 6 key members and their salaries:
- Compensation: $66,800
- Related: $0
- Other: $0
- Compensation: $262
- 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
Official website here: www.danfosscu.com
Where can I find the form 990 for Danfoss Employees Credit Union?
Danfoss Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.danfosscu.com
Learn more at the official website: www.danfosscu.com
Mission Statement of Danfoss Employees Credit Union
Danfoss Employees Credit Union is dedicated to meeting the needs of its members by providing personalized service, fostering close relationships, offering financial guidance, and safeguarding their assets. The credit union seeks to establish a connection with each member, offering them tailored solutions to meet their financial needs. By cultivating these relationships, Danfoss Employees Credit Union builds a sense of trust and reliability within its community. Additionally, the credit union provides financial guidance to its members, helping them make informed decisions about their money. To ensure the security of their members' assets, Danfoss Employees Credit Union employs robust safeguarding measures, ensuring that their funds are protected. With a mission to put the needs of its members first, Danfoss Employees Credit Union strives to build strong, lasting relationships based on trust and financial well-being.
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Impact
October, 2024
Danfoss Employees Credit Union has a significant impact on its community by prioritizing the needs of its members through personalized service and strong relationships. By offering a variety of deposit accounts and financial guidance, the credit union actively supports the financial well-being of its 388 members. In 2022 alone, 14 new deposit accounts were opened, which demonstrates its commitment to meeting evolving financial needs. Located in Eden Prairie, MN, the credit union safeguards its members' assets while fostering a sense of trust and community engagement, ultimately enhancing the financial health and stability of its members.
This information is meant to be a general summary of Danfoss 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: $23,853
- Program Service Revenue: $126,257
- Gross Receipts: $150,110
Assets and Liabilities:
- Total Assets: $3,492,218
- Total Liabilities: $3,220,950
- Net Assets: $271,268
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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
$87,230
MEMBER FEE INCOME
Revenue
$25,749
OTHER MEMBER RELATED INCOME
Revenue
$13,074
FEE & INSURANCE INCOME
Revenue
$204
Organization Details
Founding Year
1949
Phone
(952) 937-7175Principal Officer
Ann Healey-Allen
Main Address
14900 TECHNOLOGY DRIVE, EDEN PRAIRIE, MN, 55344
Website
www.danfosscu.comNTEE Category
Code: W60 - Public benefit
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