Casebine Community Credit Union

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

EIN: 420953553 ✦ Burlington, IA ✦ Designated as a 501(c)(14)

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Overview

What is Casebine Community Credit Union?

Casebine Community Credit Union is a financial institution based in Burlington, Iowa, specifically at 485 West Burlington Avenue. Established in 1949 by employees of Case Company, the credit union has evolved into a comprehensive financial service provider. Its primary objective is to provide its members with affordable credit and promote savings habits while allowing them to manage their funds democratically. Currently, the credit union serves residents and workers in Des Moines, Lee, Henry, & Louisa Counties in Iowa and Hancock & Henderson Counties in Illinois. The organization is dedicated to enhancing the lives of both its employees and members through exceptional and personalized services. As of now, it employs a small team of nine individuals.


Official website here: www.casebine.com

Is Casebine Community Credit Union legitimate?

Casebine Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Casebine Community 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: $107,819
Professional Fundraising Fees: $0
Other Salaries and Wages: $363,320

For more financial information, click here


Official website here: www.casebine.com

What is the mission statement of Casebine Community Credit Union?

Casebine Community Credit Union's mission is centered around improving the lives of both its employees and members. This is achieved through the provision of exceptional and personalized services. Originating from a group of employees at Case Company in Burlington in 1949, the credit union has grown into a comprehensive financial institution. Its primary objective is to provide a source of credit at reasonable rates, foster savings habits, and allow its members to have control over their own funds in a democratic manner, aiming to enhance their economic and social conditions.


Official website here: www.casebine.com

Who is the CEO of Casebine Community Credit Union?

Lynda Hild is the Chairman of Casebine Community Credit Union. The CEO's salary of Casebine Community Credit Union is $107,818 and their total compensation is $127,591.


Official website here: www.casebine.com

What is the revenue of Casebine Community Credit Union?

Casebine Community Credit Union's revenue in 2022 was $1,490,756.


Official website here: www.casebine.com

Who are the executives of Casebine Community Credit Union and what are their salaries?

The average compensation at Casebine Community Credit Union during 2022 was $52,349. There are 9 employees and 8 volunteers at Casebine Community Credit Union.


Here are 8 key members and their salaries (Casebine Community Credit Union's CEO's salary is $107,818 and their total compensation is $127,591):


Daryl Wolff (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Laue (Vice Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharice Edwards (Audit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Smith (Credit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynda Hild (President/Ceo/Cfo)
  • Compensation: $107,818
  • Related: $0
  • Other: $19,773
Austin Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laci Ryan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Bowker (Board Member Thru Feb)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.casebine.com

Where can I find the form 990 for Casebine Community Credit Union?

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


Official website here: www.casebine.com

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

Mission Statement of Casebine Community Credit Union

Casebine Community Credit Union, established in 1949 by a group of employees at Case Company in Burlington, has a mission to enhance the lives of both its employees and members. This mission is carried out by providing exceptional and personal services. The credit union's founding principle is rooted in the belief that credit unions provide a source of credit at fair and reasonable interest rates, encourage thrift among their members, and offer an opportunity for members to use and control their own money in a democratic manner, aiming to improve their economic and social condition. By adhering to this mission, Casebine Community Credit Union seeks to positively impact the lives of its members, fostering financial stability and empowerment.

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Impact




October, 2024

Casebine Community Credit Union positively impacts the lives of its members and employees by providing exceptional and personalized financial services. Founded in 1949 by employees of Case Company in Burlington, it has evolved into a full-service financial institution serving a diverse community across several counties in Iowa and Illinois.

By offering fair and reasonable rates on credit, Casebine fosters a culture of savings and responsible financial management among its members. This not only empowers individuals to take control of their finances but also enhances their overall economic and social well-being. Through a democratic approach to banking, members are encouraged to participate in decisions that affect their financial futures, creating a community-focused institution that prioritizes the needs of its members.

Casebine's commitment to enhancing the financial lives of those in its community helps to build a more robust local economy, supporting the growth and development of individuals and families within Des Moines, Lee, Henry, and Louisa Counties in Iowa, as well as Hancock and Henderson Counties in Illinois.




This information is meant to be a general summary of Casebine Community 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
$1,490,756 (2022)
Expenses
$1,369,769 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $183,298
  • Program Service Revenue: $1,307,458
  • Gross Receipts: $1,491,041

Assets and Liabilities:

  • Total Assets: $32,187,121
  • Total Liabilities: $26,639,660
  • Net Assets: $5,547,461

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Programs

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

Loan Income

Revenue

$825,290

Fees and Reimbursement

Revenue

$235,857

Interchange Fees

Revenue

$195,397

Organization Details

Founding Year

1949

Principal Officer

Lynda Hild

Main Address

485 West Burlington Avenue, Burlington, IA, 526019420

NTEE Category

Code: W60 - Public benefit

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