Des Moines Fire Department Credit Union

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

EIN: 420742008 ✦ Des moines, IA ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Des Moines Fire Department Credit Union?

Des Moines Fire Department Credit Union is a specialized financial institution, situated at 1330 Mulberry Street, Des Moines, Iowa 50309. Established to cater exclusively to Des Moines firefighters and their families, its primary mission is to provide top-notch savings, loans, and various financial services at competitive rates. With a membership base of 913 individuals, the credit union's activities are centered around ensuring the financial well-being of its members. It is led by a workforce of four dedicated professionals.

Is Des Moines Fire Department Credit Union legitimate?

Des Moines Fire Department Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Des Moines Fire Department 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: $28,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,065

For more financial information, click here

What is the mission statement of Des Moines Fire Department Credit Union?

The Des Moines Fire Department Credit Union is dedicated to serving exclusively the firefighters and their families by providing them with the highest quality savings, loans, and other financial services at competitive rates. Their mission is to ensure that the financial needs of this specific group are met with excellence and affordability. The credit union's operations aim to cater to a membership base of 913 individuals.

Who is the CEO of Des Moines Fire Department Credit Union?

Michael E Williams is the Chairperson of Des Moines Fire Department Credit Union.

What is the revenue of Des Moines Fire Department Credit Union?

Des Moines Fire Department Credit Union's revenue in 2022 was $97,492.

Who are the executives of Des Moines Fire Department Credit Union and what are their salaries?

The average compensation at Des Moines Fire Department Credit Union during 2022 was $17,816. There are 4 employees at Des Moines Fire Department Credit Union.


Here are 9 key members and their salaries:


Kerry Schneider (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stanton (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederic Kinzenbaw (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Voegtlin (Audit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Tuazon (Audit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Leaper (Audit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Brown (Credit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byran Fousek (Credit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Williams (President)
  • Compensation: $28,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Des Moines Fire Department Credit Union?

Des Moines Fire Department Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Des Moines Fire Department Credit Union

The Des Moines Fire Department Credit Union is dedicated to serving Des Moines firefighters and their families with the highest quality savings, loans, and financial services at competitive rates. Established with the primary objective of catering to this specific group, the credit union provides its members with financial solutions tailored to their unique needs. By offering a diverse range of financial services, Des Moines Fire Department Credit Union ensures that its members can manage their finances effectively and efficiently. As of the provided information, the credit union currently serves 913 members.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Des Moines Fire Department Credit Union has a significant impact on the local community by providing essential financial services tailored specifically for Des Moines firefighters and their families. By offering a range of high-quality savings and loan products at competitive rates, the credit union fosters financial stability and security for its members, totaling 913 individuals. This targeted approach not only supports the economic well-being of first responders but also strengthens the community by ensuring that those who serve in critical roles have access to reliable financial resources, thereby enhancing their quality of life and peace of mind.




This information is meant to be a general summary of Des Moines Fire Department 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
$97,492 (2022)
Expenses
$126,452 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,866
  • Program Service Revenue: $84,026
  • Gross Receipts: $97,492

Assets and Liabilities:

  • Total Assets: $3,854,469
  • Total Liabilities: $3,069,770
  • Net Assets: $784,699

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST ON LOANS

Revenue

$84,026

Organization Details

Founding Year

1931

Principal Officer

Michael E Williams

Main Address

1330 MULBERRY STREET, DES MOINES, IA, 50309

NTEE Category

Code: W60 - Public benefit

If you are a representative of Des Moines Fire Department 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.