Overview
What is Hometown Credit Union?
Hometown Credit Union is a nonprofit organization that was once operational, holding a state charter as a credit union. The primary function of this institution was to provide financial services to its members, adhering to the principles of credit unions. Although the organization is no longer active, its legacy as a state-chartered credit union continues to be recognized.
Official website here: www.hometowncuia.com
Is Hometown Credit Union legitimate?
Hometown Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hometown 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: $8,664
For more financial information, click here
Official website here: www.hometowncuia.com
What is the mission statement of Hometown Credit Union?
It appears that Hometown Credit Union, as per the provided information, is no longer active or has been terminated as a nonprofit entity. Unfortunately, there is no available data to provide details about its mission or activities during its operational period. Therefore, I'm unable to provide a mission statement summary for Hometown Credit Union.
Official website here: www.hometowncuia.com
Who is the CEO of Hometown Credit Union?
James Holle is the Board Member of Hometown Credit Union.
Official website here: www.hometowncuia.com
What is the revenue of Hometown Credit Union?
Hometown Credit Union's revenue in 2022 was $28,787.
Official website here: www.hometowncuia.com
Who are the executives of Hometown Credit Union and what are their salaries?
The average compensation at Hometown Credit Union during 2022 was $4,332. There are 2 employees and 3 volunteers at Hometown 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
Official website here: www.hometowncuia.com
Where can I find the form 990 for Hometown Credit Union?
Hometown Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hometowncuia.com
Learn more at the official website: www.hometowncuia.com
Mission Statement of Hometown Credit Union
Hometown Credit Union, as per the information provided, was a state-chartered credit union that served a specific community. However, it's important to note that this nonprofit is no longer active or in operation. The exact purpose or mission of the credit union was not explicitly stated in the information, but it was categorized as a credit union, which typically aims to provide financial services to its members with the goal of promoting financial literacy and economic empowerment. However, due to the lack of detailed information, the specific mission or activities of Hometown Credit Union in this regard cannot be accurately summarized or paraphrased.
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Impact
October, 2024
Hometown Credit Union has had a significant impact on the local community in Ottumwa, Iowa, primarily through its banking services and community engagement. As a state-chartered credit union, it provided financial services tailored to meet the needs of its members, supporting local economic growth and financial literacy.
Although it is now inactive, Hometown Credit Union played an important role in fostering a sense of community by offering personalized services, loans, and savings options that contributed to residents' financial well-being. The credit union's focus on member service and community involvement likely helped empower individuals and families, promoting financial stability and support for local businesses during its operational years.
This information is meant to be a general summary of Hometown 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: $232
- Program Service Revenue: $28,555
- Gross Receipts: $28,787
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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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
$28,437
MISCELLANEOUS INCOME
Revenue
$118
Organization Details
Founding Year
1978
Phone
(712) 246-4449Principal Officer
James Holle
Main Address
PO BOX 737, OTTUMWA, IA, 52501
Website
www.hometowncuia.comNTEE Category
Code: Z99 - Unknown
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