Overview
What is Allen Hospital Personnel Credit Union?
Allen Hospital Personnel Credit Union, situated in Waterloo, Iowa, serves as a financial institution for its members. Its primary objective is to provide them with a reliable source of credit at reasonable interest rates, promoting savings habits and offering an opportunity for members to manage their finances democratically. By leveraging their own funds, members can improve their economic and social standing. The credit union, with a modest workforce of three individuals, operates with the mission of enhancing its members' financial well-being.
Is Allen Hospital Personnel Credit Union legitimate?
Allen Hospital Personnel Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Allen Hospital Personnel 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: $106,819
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What is the mission statement of Allen Hospital Personnel Credit Union?
The Allen Hospital Personnel Credit Union's mission is centered around providing its members with a reliable source of credit at fair interest rates. It encourages financial responsibility by fostering savings habits among its members. Moreover, the credit union offers its members an opportunity to manage their own money democratically, aiming to enhance their economic and social conditions. In essence, it empowers its members to take control of their financial well-being.
Who is the CEO of Allen Hospital Personnel Credit Union?
Michele Hackenmiller is the Manager of Allen Hospital Personnel Credit Union.
What is the revenue of Allen Hospital Personnel Credit Union?
Allen Hospital Personnel Credit Union's revenue in 2022 was $279,909.
Who are the executives of Allen Hospital Personnel Credit Union and what are their salaries?
The average compensation at Allen Hospital Personnel Credit Union during 2022 was $35,606. There are 3 employees at Allen Hospital Personnel Credit Union.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Allen Hospital Personnel Credit Union?
Allen Hospital Personnel Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allen Hospital Personnel Credit Union
Allen Hospital Personnel Credit Union, as a credit union, serves a unique purpose in the financial landscape. Its mission is centered around creating a reliable source of credit at reasonable interest rates for its members. Beyond this, the credit union encourages financial prudence among its members, fostering habits of thrift. Moreover, it offers its members an opportunity to manage their own funds democratically, thereby empowering them to enhance their economic and social conditions. By providing this platform, Allen Hospital Personnel Credit Union plays a significant role in promoting financial stability and independence among its members.
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Impact
October, 2024
Allen Hospital Personnel Credit Union provides access to credit at fair and reasonable interest rates, enabling its members to improve their financial well-being. By promoting habits of thrift, the credit union encourages its members to save and manage their finances effectively. This institution empowers individuals by giving them the means to use and control their own money, fostering a sense of financial ownership and democratic participation among its members. Through these efforts, the credit union contributes to the economic and social enhancement of the Waterloo, IA community, ultimately improving the overall quality of life for its members.
This information is meant to be a general summary of Allen Hospital Personnel 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: $33,835
- Program Service Revenue: $188,899
- Gross Receipts: $279,909
Assets and Liabilities:
- Total Assets: $5,780,534
- Total Liabilities: $5,065,083
- Net Assets: $715,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$188,899
Organization Details
Founding Year
1961
Phone
(319) 235-3678Principal Officer
Michele Hackenmiller
Main Address
1825 LOGAN AVE, WATERLOO, IA, 50703
NTEE Category
Code: W60 - Public benefit
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