Overview
What is Morrison Employees Credit Union?
Morrison Employees Credit Union is a nonprofit organization that provides affordable loan and interest-bearing accounts to its members. Their mission is to serve as a reliable source of credit, offering fair and reasonable interest rates, while taking into account the social condition of their members. This credit union strives to meet the financial needs of its employees, ensuring they have access to credit when needed. With a focus on reasonable terms, Morrison Employees Credit Union aims to support its members in their financial endeavors.
Is Morrison Employees Credit Union legitimate?
Morrison Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Morrison 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Morrison Employees Credit Union?
Morrison Employees Credit Union, as a mission, aims to provide members with reasonable loan and interest-bearing accounts, ensuring a fair and reasonable interest rate. The credit union also considers the social condition while offering these financial services. In essence, its mission is to act as a reliable and equitable source of credit for its members, prioritizing their financial well-being.
Who is the CEO of Morrison Employees Credit Union?
Sandy Parker is the Chairman of Morrison Employees Credit Union.
What is the revenue of Morrison Employees Credit Union?
Morrison Employees Credit Union's revenue in 2022 was $24,488.
Who are the executives of Morrison Employees Credit Union and what are their salaries?
The average compensation at Morrison Employees Credit Union during 2022 was $255. There are 47 employees at Morrison Employees Credit Union.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Morrison Employees Credit Union?
Morrison Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Morrison Employees Credit Union
Morrison Employees Credit Union, as a financial institution, is dedicated to providing its members with reasonable loan and interest-bearing accounts. This credit union's mission is to serve as a reliable source of credit, offering fair and reasonable interest rates. It takes into account the social condition of its members, demonstrating a commitment to financial inclusivity and affordability. By offering these financial services, Morrison Employees Credit Union aims to contribute positively to the financial well-being of its members.
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Impact
October, 2024
Morrison Employees Credit Union significantly impacts its community by providing access to credit at fair and reasonable rates. Located in Dubuque, IA, it serves as a vital financial resource for its members, enabling them to take advantage of reasonable loan options and interest-bearing accounts. The credit union’s commitment to considering the social conditions of its members ensures that it addresses the financial needs of individuals with varying circumstances. By focusing on equitable lending practices, Morrison Employees Credit Union not only supports personal financial growth but also contributes to the overall economic well-being of the community. This dedication to public benefit demonstrates a strong alignment with the values of accessibility and fairness in financial services.
This information is meant to be a general summary of Morrison 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: $20,500
- Program Service Revenue: $3,988
- Gross Receipts: $24,488
Assets and Liabilities:
- Total Assets: $1,868,618
- Total Liabilities: $1,868
- Net Assets: $1,866,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOANS
Revenue
$3,988
Organization Details
Founding Year
1953
Phone
(563) 556-3863Principal Officer
Sandy Parker
Main Address
66 WEST 32ND STREET, DUBUQUE, IA, 52001
NTEE Category
Code: W60 - Public benefit
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