Overview
What is Employees Credit Union?
Employees Credit Union is a member-centric financial institution, headquartered at 2714 Central Ave, Esterville, Iowa 51334. With a strong focus on serving its members, the credit union offers various deposit accounts. In 2022 alone, they opened 417 new accounts. As of December 31, 2022, the credit union boasted an impressive 8,553 members. The organization's mission is to be the optimal service center for its members' financial needs, providing them with a range of financial solutions. As of the provided information, the credit union employs 16 individuals.
Official website here: www.employeescu.com
Is Employees Credit Union legitimate?
Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 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: $373,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $601,016
For more financial information, click here
Official website here: www.employeescu.com
What is the mission statement of Employees Credit Union?
The Employees Credit Union's mission is centered around serving its members optimally in their financial needs. As their primary service center, the credit union aims to provide a variety of deposit accounts to cater to the financial requirements of its members. In 2022, the credit union expanded its services by opening 417 new deposit accounts. As of December 31, 2022, the credit union boasts a membership of 8,553 individuals.
Official website here: www.employeescu.com
Who is the CEO of Employees Credit Union?
Mark Peters is the Ceo of Employees Credit Union. The CEO's salary of Employees Credit Union is $279,676 and their total compensation is $344,334.
Official website here: www.employeescu.com
What is the revenue of Employees Credit Union?
Employees Credit Union's revenue in 2022 was $6,217,747.
Official website here: www.employeescu.com
Who are the executives of Employees Credit Union and what are their salaries?
The average compensation at Employees Credit Union during 2022 was $60,917. There are 16 employees and 8 volunteers at Employees Credit Union.
Here are 10 key members and their salaries (Employees Credit Union's CEO's salary is $279,676 and their total compensation is $344,334):
- Compensation: $279,676
- Related: $0
- Other: $64,658
- Compensation: $93,974
- Related: $0
- Other: $20,486
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.employeescu.com
Where can I find the form 990 for Employees Credit Union?
Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.employeescu.com
Learn more at the official website: www.employeescu.com
Mission Statement of Employees Credit Union
Employees Credit Union, in its mission, strives to serve as an optimal financial service center for its members. This mission is centered around providing excellent service to meet the varying financial needs of its members. The credit union offers a variety of deposit accounts, catering to the diverse financial requirements of its members. In the year 2022 alone, Employees Credit Union expanded its services by opening 417 new deposit accounts. As of December 31, 2022, the credit union boasted a membership of 8,553 individuals, demonstrating its commitment to serving its members effectively.
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Impact
October, 2024
Employees Credit Union significantly impacts the financial wellbeing of its community by serving as a dedicated service center for diverse financial needs. In 2022, the credit union welcomed 417 new deposit accounts, reflecting its commitment to providing accessible banking services to its growing member base, which now totals 8,553 members. Located in Estherville, Iowa, Employees Credit Union prioritizes offering various deposit account options tailored to the needs of its members, enabling them to manage their finances effectively. This focused approach fosters a sense of community and financial stability, making it an essential resource for individuals seeking reliable financial services.
This information is meant to be a general summary of 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,078,624
- Program Service Revenue: $5,139,123
- Gross Receipts: $6,217,747
Assets and Liabilities:
- Total Assets: $147,822,214
- Total Liabilities: $117,637,107
- Net Assets: $30,185,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$4,385,853
MEMBER FEE INCOME
Revenue
$553,341
OTHER MEMBER RELATED INCOME
Revenue
$199,670
FEE & INSURANCE INCOME
Revenue
$259
Organization Details
Founding Year
1947
Phone
(712) 362-5897Principal Officer
Mark Peters
Main Address
2714 CENTRAL AVE, ESTHERVILLE, IA, 51334
Website
www.employeescu.comNTEE Category
Code: W60 - Public benefit
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