Greater Iowa Credit Union

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

EIN: 420664060 ✦ Ames, IA ✦ Designated as a 501(c)(14)

Overview

What is Greater Iowa Credit Union?

Greater Iowa Credit Union is a member-driven financial cooperative based in Ames, Iowa. With a vision to become a trailblazer in the financial services industry, they offer personalized services and innovative products. Their mission is to create a dependable credit source, instill savings habits, and empower members to utilize their savings collectively. In 2022, they served over 35,000 members and employed 134 individuals. Their commitment to growth includes long-term relationships with their communities and members.


Official website here: www.greateriowacu.org

Is Greater Iowa Credit Union legitimate?

Greater Iowa Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greater Iowa 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,231,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,594,568

For more financial information, click here


Official website here: www.greateriowacu.org

What is the mission statement of Greater Iowa Credit Union?

The Greater Iowa Credit Union is dedicated to growing with its communities and members by offering personalized service and innovative financial products. This commitment is encapsulated in the credit union's promise and vision statement. The organization aims to become a leader in the financial services industry by providing a reliable source of credit, encouraging savings habits, and allowing members to utilize their savings for mutual benefit. In 2022, the credit union served a membership base of 35,968 individuals.


Official website here: www.greateriowacu.org

Who is the CEO of Greater Iowa Credit Union?

Scott Zahnle is the Ceo of Greater Iowa Credit Union. The CEO's salary of Greater Iowa Credit Union is $358,647 and their total compensation is $390,776.


Official website here: www.greateriowacu.org

What is the revenue of Greater Iowa Credit Union?

Greater Iowa Credit Union's revenue in 2022 was $28,864,385.


Official website here: www.greateriowacu.org

Who are the executives of Greater Iowa Credit Union and what are their salaries?

The average compensation at Greater Iowa Credit Union during 2022 was $65,869. There are 134 employees at Greater Iowa Credit Union.

Here are 21 key members and their salaries (Greater Iowa Credit Union's CEO's salary is $358,647 and their total compensation is $390,776):

    Scott Zahnle (Ceo)
  • Compensation: $358,647
  • Related: $0
  • Other: $32,129

    • Gary Hayenga (Clo)
  • Compensation: $267,061
  • Related: $0
  • Other: $30,230

    • Julie Willse (Vp Of Member Service)
  • Compensation: $203,721
  • Related: $0
  • Other: $11,434

    • Gregory Milbach (Vp Of It)
  • Compensation: $177,484
  • Related: $0
  • Other: $19,217

    • Carla Danielson (Vp Of Finance)
  • Compensation: $165,120
  • Related: $0
  • Other: $23,249

    • Margaret Wurster (Regional Director Of Member Service)
  • Compensation: $164,352
  • Related: $0
  • Other: $17,207

    • Nate Scott (Vp Of Consumer Lending)
  • Compensation: $164,931
  • Related: $0
  • Other: $11,144

    • Brian Dooley (Regional Director Of Member Service)
  • Compensation: $156,269
  • Related: $0
  • Other: $16,861

    • Mindi Wheeler (Senior Business Anayst)
  • Compensation: $113,261
  • Related: $0
  • Other: $26,796

    • Myranda Reasoner (Branch Manager)
  • Compensation: $131,506
  • Related: $0
  • Other: $7,335

    • William Grund (Senior Business Relationship Manager)
  • Compensation: $118,247
  • Related: $0
  • Other: $15,632

    • Michael Wahlin (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Lewis Vollotti (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geri Derner (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Ashby (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annie Arbuckle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sanjeev Agarwal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Crum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pol Herrmann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Bowers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lara Olson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greateriowacu.org

    Where can I find the form 990 for Greater Iowa Credit Union?

    The Greater Iowa Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.greateriowacu.org

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

    Mission Statement of Greater Iowa Credit Union

    Greater Iowa Credit Union, a leading financial institution, is committed to growing alongside its communities and members by providing lifelong personal service and innovative financial products. Established with a vision to become a pacesetter in the financial services industry, the Credit Union's mission goes beyond offering financial solutions. It aims to foster a culture of saving and financial literacy among its members, creating a mutually beneficial environment. With 35,968 members served in the 2022 calendar year, Greater Iowa Credit Union's impact is evident in the lives it touches. By prioritizing personalized service and forward-thinking financial products, the Credit Union continues to set the bar high in the industry.

    Impact

    This information is meant to be a general summary of Greater Iowa Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Greater Iowa Credit Union's impact stems from its commitment to providing lifelong personal service and innovative financial products to its members and communities. By serving over 35,968 members in the 2022 calendar year, Greater Iowa Credit Union is supporting individuals in accessing fair and reasonable credit, encouraging thrift, and empowering its members to control their savings for mutual benefit. This approach not only fosters financial stability and growth among its members but also contributes to the economic well-being of the communities it serves. Through its mission and vision, Greater Iowa Credit Union aims to set the pace in the financial services industry, making a meaningful impact on the lives of individuals and the prosperity of the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-225,895
  • Program Service Revenue: $22,139,565
  • Gross Receipts: $28,864,385

    • Assets and Liabilities:
  • Total Assets: $656,755,237
  • Total Liabilities: $605,448,745
  • Net Assets: $51,306,492
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $22,139,565

    Organization Details

    Founding Year

    1932

    Principal Officer

    Scott Zahnle

    Main Address

    1509 BALTIMORE DRIVE, AMES, IA, 500108783

    NTEE Category

    Code: Z99 - Unknown

    If you are a representative of Greater Iowa Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.