River Community 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: 420453085 ✦ Ottumwa, IA ✦ Designated as a 501(c)(14)

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Overview

What is River Community Credit Union?

River Community Credit Union is a locally established financial institution situated in Ottumwa, Iowa, with an address at 644 West Second Street. The credit union primarily serves its members by providing various financial services, encompassing deposit and loan programs. With a modest workforce of eight individuals, River Community Credit Union aims to cater to the financial needs of its member base effectively.


Official website here: www.rivercommunitycu.org

What do the Facebook reviews say about River Community Credit Union?

88% of 22 reviewers on Facebook recommend River Community Credit Union. Here is a summary of their reviews:

Many users express a strong sense of community and belonging with River Community Credit Union, highlighting the warmth and helpfulness of the staff. Customers appreciate the friendly atmosphere and personalized service, which makes them feel valued as members.

Overall, the sentiments conveyed reflect a positive experience, emphasizing the nonprofit’s commitment to fostering a supportive and welcoming environment for its members in Ottumwa.


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

Is River Community Credit Union legitimate?

River Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. River Community 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: $79,413
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,459

For more financial information, click here


Official website here: www.rivercommunitycu.org

What is the mission statement of River Community Credit Union?

River Community Credit Union is committed to serving its members by providing a range of financial services, encompassing deposit and loan programs. Their mission is geared towards assisting members in managing their finances effectively. By offering these services, the credit union aims to contribute positively to its members' financial well-being. The credit union does not disclose specific details about its advocacy or support initiatives, but its primary focus remains on delivering financial services to its members.


Official website here: www.rivercommunitycu.org

Who is the CEO of River Community Credit Union?

Nathan Bissell is the Ceo of River Community Credit Union. The CEO's salary of River Community Credit Union is $79,413 and their total compensation is $79,413.


Official website here: www.rivercommunitycu.org

What is the revenue of River Community Credit Union?

River Community Credit Union's revenue in 2022 was $1,176,087.


Official website here: www.rivercommunitycu.org

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

The average compensation at River Community Credit Union during 2022 was $37,234. There are 8 employees at River Community Credit Union.


Here are 10 key members and their salaries (River Community Credit Union's CEO's salary is $79,413 and their total compensation is $79,413):


Nathan Bissell (Ceo)
  • Compensation: $79,413
  • Related: $0
  • Other: $0
Cory Benge (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanne Fear (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Greenfield (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Harter (Audit Commit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Mcmillin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Meyer (Chair Audit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Payne (Audit Commit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larkin Vandenheuvel (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Young (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rivercommunitycu.org

Where can I find the form 990 for River Community Credit Union?

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


Official website here: www.rivercommunitycu.org

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

Mission Statement of River Community Credit Union

River Community Credit Union is committed to providing financial services to its members. This encompasses deposit and loan programs, aiming to cater to the financial needs of its members effectively. In essence, the credit union's mission is to act as a financial partner, offering a range of financial solutions to its members, thereby promoting financial stability and growth.

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Impact




October, 2024

River Community Credit Union plays a significant role in the financial well-being of its members in Ottumwa, IA. By offering a variety of deposit and loan programs, it provides essential financial services that empower individuals and families to manage their finances effectively. This access to financial resources helps foster economic stability and growth in the community.

Through its programs, the credit union supports members in achieving their financial goals, whether it's saving for a major purchase, purchasing a home, or managing day-to-day expenses. By prioritizing the needs of its members, River Community Credit Union contributes to the overall public benefit, strengthening the local economy and enhancing the quality of life for those it serves.




This information is meant to be a general summary of River Community 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
$1,176,087 (2022)
Expenses
$1,041,372 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$48,465
  • Program Service Revenue: $921,457
  • Gross Receipts: $1,176,087

Assets and Liabilities:

  • Total Assets: $25,701,753
  • Total Liabilities: $22,225,812
  • Net Assets: $3,475,941

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN AND CREDIT CARD INTEREST

Revenue

$921,457

Organization Details

Founding Year

1928

Principal Officer

Nathan Bissell

Main Address

644 WEST SECOND STREET, OTTUMWA, IA, 52501

NTEE Category

Code: W60 - Public benefit

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