Overview
What is Chicago Central Commerce Credit Union?
Chicago Central Commerce Credit Union is a nonprofit financial institution situated at 1005 E 4th St, Waterloo, IA 50703. With a team of seven dedicated individuals, this credit union's primary mission is to establish a dependable source of credit at fair and reasonable interest rates, motivate savings habits among its members, and offer them the chance to manage and utilize their own funds in a democratic manner. This approach aims to enhance the economic and social well-being of its members.
Is Chicago Central Commerce Credit Union legitimate?
Chicago Central Commerce Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Chicago Central Commerce 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,703
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What is the mission statement of Chicago Central Commerce Credit Union?
Chicago Central Commerce Credit Union exists with a mission to provide its members with a reliable source of credit at reasonable interest rates. Additionally, it encourages savings habits among its members and offers them the opportunity to manage their own funds democratically. By doing so, the credit union aims to enhance its members' economic and social conditions. This is accomplished by offering a democratic platform where members can control their finances, thereby improving their financial well-being.
Who is the CEO of Chicago Central Commerce Credit Union?
Chad Kaeppel is the Vice Chairpe of Chicago Central Commerce Credit Union.
What is the revenue of Chicago Central Commerce Credit Union?
Chicago Central Commerce Credit Union's revenue in 2021 was $0.
Who are the executives of Chicago Central Commerce Credit Union and what are their salaries?
The average compensation at Chicago Central Commerce Credit Union during 2021 was $5,529. There are 7 employees at Chicago Central Commerce Credit Union.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Chicago Central Commerce Credit Union?
Chicago Central Commerce Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Chicago Central Commerce Credit Union
Chicago Central Commerce Credit Union is committed to creating a reliable source of credit at a fair and reasonable interest rate for its members. This mission extends beyond just providing financial services; it also encourages savings habits among its members. Furthermore, the credit union offers its members an opportunity to use and manage their own money democratically, aiming to improve their economic and social conditions. By doing so, Chicago Central Commerce Credit Union empowers its members to have control over their finances, fostering a sense of financial independence and stability.
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Impact
October, 2024
Chicago Central Commerce Credit Union significantly impacts its community by providing access to fair and reasonable rates of credit. This accessibility empowers individuals to manage their finances effectively while fostering a culture of saving and responsible money management among members. By offering a democratic framework, the credit union enables its members to take control of their own financial resources. This not only enhances their individual economic conditions but also contributes positively to the social fabric of the community, facilitating greater financial stability and collective growth. Overall, the credit union plays a vital role in improving the economic and social conditions of its members.
This information is meant to be a general summary of Chicago Central Commerce 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1934
Principal Officer
Chad Kaeppel
Main Address
1005 E 4TH ST, WATERLOO, IA, 507033932
NTEE Category
Code: W60 - Public benefit
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