Financial Plus Credit Union

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

EIN: 420802188 ✦ West des moines, IA ✦ Designated as a 501(c)(14)

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Overview

What is Financial Plus Credit Union?

Financial Plus Credit Union is a not-for-profit financial institution, specifically categorized as a State Chartered Credit Union. Situated in West Des Moines, Iowa, this organization specializes in providing credit union-related financial services. Under the leadership of Dave J Cale, Financial Plus Credit Union offers its services with a focus on credit unions, operating as a reliable financial partner within its community.


Official website here: www.financialpluscu.com

Is Financial Plus Credit Union legitimate?

Financial Plus Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Financial Plus 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: $0

For more financial information, click here


Official website here: www.financialpluscu.com

What is the mission statement of Financial Plus Credit Union?

Financial Plus Credit Union, as a State Chartered Credit Union, focuses on providing financial services within the credit union sector. Its mission is centered around offering these services effectively, overseen by its management team. The organization is dedicated to serving its members with credit union-related financial needs. While the provided information does not include a specific mission statement, it can be inferred that Financial Plus Credit Union's mission revolves around providing reliable and specialized financial services within the credit union sphere.


Official website here: www.financialpluscu.com

Who is the CEO of Financial Plus Credit Union?

Dave J Cale is the Board Member of Financial Plus Credit Union.


Official website here: www.financialpluscu.com

What is the revenue of Financial Plus Credit Union?

Financial Plus Credit Union's revenue in 2022 was $7,722,529.


Official website here: www.financialpluscu.com

Who are the executives of Financial Plus Credit Union and what are their salaries?

There 9 volunteers at Financial Plus Credit Union.


Here are 9 key members and their salaries:


Bev Bierma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Black (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Devinay-Mcneley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Dunlap (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Harding (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Udell Cason Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mielneczek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Tharp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.financialpluscu.com

Where can I find the form 990 for Financial Plus Credit Union?

Financial Plus Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.financialpluscu.com

Learn more at the official website: www.financialpluscu.com

Mission Statement of Financial Plus Credit Union

Financial Plus Credit Union, as a State Chartered Credit Union, is dedicated to providing financial services within the credit union sector. Under the guidance of Dave J Cale, this organization specializes in catering to its members' financial needs. Although the specifics of its mission or goals are not explicitly stated in the provided information, it can be inferred that Financial Plus Credit Union aims to offer reliable and accessible financial services to its members. As a credit union, it may also focus on promoting financial literacy, fostering financial stability, and ensuring fairness and affordability in its services. However, without additional data, a more detailed summary cannot be provided.

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Impact




October, 2024

Financial Plus Credit Union plays a significant role in the community by providing accessible financial services tailored to meet the needs of its members. Based in West Des Moines, IA, it focuses on empowering individuals and families through a range of financial products and services, including savings accounts, loans, and financial education programs.

By prioritizing member welfare, Financial Plus Credit Union helps foster financial literacy and stability among its clientele. Its commitment to public benefit underscores its mission to enhance the economic well-being of the community it serves. With a dedicated management team led by Dave J Cale, the credit union works to create opportunities for its members, contributing positively to the local economy and the overall financial health of the region.




This information is meant to be a general summary of Financial Plus 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
$7,722,529 (2022)
Expenses
$5,827,823 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,391,917
  • Program Service Revenue: $6,330,612
  • Gross Receipts: $7,722,529

Assets and Liabilities:

  • Total Assets: $215,268,890
  • Total Liabilities: $193,397,544
  • Net Assets: $21,871,346

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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

$4,088,273

FEE INCOME

Revenue

$1,975,446

MISCELLANEOUS INCOME

Revenue

$250,603

MRC INSURANCE SALES

Revenue

$11,900

NON-MEMBER ATM FEES

Revenue

$4,390

Organization Details

Founding Year

1929

Principal Officer

Dave J Cale

Main Address

1831 25TH STREET, WEST DES MOINES, IA, 50266

NTEE Category

Code: W60 - Public benefit

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