North Western Employees Credit Union

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

EIN: 420658375 ✦ Council bluffs, IA ✦ Designated as a 501(c)(14)

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Overview

What is North Western Employees Credit Union?

North Western Employees Credit Union is a not-for-profit financial institution situated in Council Bluffs, Iowa. Its primary objective is to offer various financial services to its members. As a credit union, it provides a community-focused approach to banking, aiming to improve the financial well-being of its members. The credit union's mission revolves around this service provision, ensuring that it meets the financial needs of its members effectively.


Official website here: www.nwecu.org

Is North Western Employees Credit Union legitimate?

North Western Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. North Western 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,136

For more financial information, click here


Official website here: www.nwecu.org

What is the mission statement of North Western Employees Credit Union?

North Western Employees Credit Union, as a mission-driven organization, is dedicated to delivering financial services. Their objective is to cater to the financial needs of its members, providing them with the necessary tools and resources to manage their finances effectively. The credit union's mission is not just about offering financial services but also about empowering its members to make informed decisions and achieve their financial goals. It strives to provide a supportive and inclusive environment where members can access various financial products and services with confidence.


Official website here: www.nwecu.org

Who is the CEO of North Western Employees Credit Union?

Mary Siek is the Manager/Cfo of North Western Employees Credit Union.


Official website here: www.nwecu.org

What is the revenue of North Western Employees Credit Union?

North Western Employees Credit Union's revenue in 2022 was $414,493.


Official website here: www.nwecu.org

Who are the executives of North Western Employees Credit Union and what are their salaries?

The average compensation at North Western Employees Credit Union during 2022 was $49,568. There are 2 employees and 9 volunteers at North Western Employees Credit Union.


Here are 9 key members and their salaries:


Mary Siek (Manager/Cfo)
  • Compensation: $61,949
  • Related: $0
  • Other: $0
Ron King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Sherer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Vanhouten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Mcmcains (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Andersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Mayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Feyerherm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dillard Avey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nwecu.org

Where can I find the form 990 for North Western Employees Credit Union?

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


Official website here: www.nwecu.org

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

Mission Statement of North Western Employees Credit Union

North Western Employees Credit Union, as a mission-driven entity, is committed to delivering financial services. In simpler terms, this credit union is dedicated to assisting its members with their financial needs and obligations. By providing financial services, North Western Employees Credit Union aims to contribute positively to the financial well-being of its members. The credit union's mission is to serve its members effectively, ensuring they have access to the financial tools and resources they need to manage their finances successfully.

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Impact




October, 2024

North Western Employees Credit Union plays a significant role in its community by offering essential financial services that cater to the needs of its members. Located in Council Bluffs, IA, it focuses on delivering accessible financial solutions that empower individuals and families to achieve their financial goals. Through its various services, the credit union promotes financial literacy, encouraging responsible money management and saving habits.

By prioritizing the interests of its members, North Western Employees Credit Union fosters economic stability within the community. Its commitment to providing personalized financial support contributes to a supportive environment where members can thrive financially. Furthermore, the credit union’s activities support local economic development, enhancing the overall welfare of the community it serves.




This information is meant to be a general summary of North Western 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.

Revenue
$414,493 (2022)
Expenses
$335,687 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,777
  • Program Service Revenue: $372,716
  • Gross Receipts: $414,493

Assets and Liabilities:

  • Total Assets: $9,557,628
  • Total Liabilities: $7,757,644
  • Net Assets: $1,799,984

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Programs

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

Loan Interest

Revenue

$267,065

Fee Income

Revenue

$62,032

Other Income

Revenue

$43,619

Organization Details

Founding Year

1941

Principal Officer

Mary Siek

Main Address

1411 WEST BROADWAY, COUNCIL BLUFFS, IA, 51501

NTEE Category

Code: W60 - Public benefit

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