Overview
What is Waterloo Fireman's Credit Union?
Waterloo Fireman's Credit Union is a local credit union situated at 425 E 3rd Street, Waterloo, IA 50703. Its primary function is to serve its members by providing them with access to credit at reasonable rates, fostering savings habits, and allowing members to manage their own funds democratically. By doing so, the credit union aims to enhance the financial and social well-being of its members. The credit union operates with a modest workforce of one individual.
Is Waterloo Fireman's Credit Union legitimate?
Waterloo Fireman's Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Waterloo Fireman's 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: $21,500
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What is the mission statement of Waterloo Fireman's Credit Union?
The Waterloo Fireman's Credit Union's mission is centered around providing a reliable source of credit at reasonable interest rates. This non-profit organization encourages savings habits among its members, offering them the opportunity to manage their own finances democratically. By doing so, the credit union aims to enhance the economic and social well-being of its members.
Who is the CEO of Waterloo Fireman's Credit Union?
Jason Phillips is the Vice Preside of Waterloo Fireman's Credit Union.
What is the revenue of Waterloo Fireman's Credit Union?
Waterloo Fireman's Credit Union's revenue in 2022 was $80,385.
Who are the executives of Waterloo Fireman's Credit Union and what are their salaries?
The average compensation at Waterloo Fireman's Credit Union during 2022 was $21,500. There is 1 employee at Waterloo Fireman's Credit Union.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Waterloo Fireman's Credit Union?
Waterloo Fireman's Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waterloo Fireman's Credit Union
Waterloo Fireman's Credit Union is dedicated to serving its members by providing a reliable source of credit at reasonable interest rates. The credit union's mission extends beyond just financial services, as it also encourages savings habits among its members. Furthermore, Waterloo Fireman's Credit Union enables its members to have control and use of their own money in a democratic manner. This approach is aimed at improving the economic and social condition of its member base. In essence, Waterloo Fireman's Credit Union acts as a financial institution that fosters financial independence and well-being among its members.
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Impact
October, 2024
Waterloo Fireman's Credit Union plays a significant role in its community by providing access to credit at fair and reasonable rates. This accessibility promotes financial inclusion, allowing members to meet their economic needs without falling victim to predatory lending practices.
By encouraging responsible saving habits, the credit union fosters a culture of thrift among its members, which can lead to greater financial stability for individuals and families. Moreover, Waterloo Fireman's Credit Union enables its members to utilize and manage their funds democratically, empowering them to make decisions about their finances that align with their goals and values.
In addition to promoting economic well-being, the credit union also supports social conditions within Waterloo by enhancing community engagement and improving members' overall quality of life. Through its mission, the credit union contributes to the financial and social betterment of the community, making it a vital resource for residents seeking to improve their circumstances.
This information is meant to be a general summary of Waterloo Fireman's 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 2022.
- Investment Income: $80,275
- Gross Receipts: $80,385
Assets and Liabilities:
- Total Assets: $3,055,264
- Total Liabilities: $2,774,985
- Net Assets: $280,279
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Organization Details
Founding Year
1933
Phone
(319) 236-3803Principal Officer
Jason Phillips
Main Address
425 E 3RD STREET, WATERLOO, IA, 50703
NTEE Category
Code: W60 - Public benefit
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